The state government is reviewing the Disposal of Uncollected Goods Act and is seeking input for a discussion paper. 

Building and Construction Minister Sarah Courtney said the current legislation was outdated and non-reflective of current community expectations.

Businesses have to keep the goods, and make sure they're covered by insurance, she said. 

"Tasmanian businesses currently endure lengthy and costly delays in the disposal of goods that were uncollected by customers, with the process often resulting in the cost of disposal outweighing the value of the goods," she said.

"We've had a lot of feedback from both small and big businesses about the cost that uncollected goods have had on their businesses."

Launceston Chamber of Commerce chief executive Neil Grose said the legislation overhaul was a step in the right direction. 

"It has an operational impact because it's something the business have to manage and can't currently get a return on their investment. They've spent money and can't recoup it," he said. 

The discussion paper will also consider the impact the legislation has on the consumer.

The legislation is open for comment until March 15. 

To get involved, visit www.justice.tas.gov.au/community-consultation.