SCHEDULES

SCHEDULE 20Vesting of Disclaimed Property ; Protection of Third Parties

PART IICrown Disclaimer under section 656

(Scotland Only)

8

If there is no person claiming under the company who is willing to accept an order on such terms, the court has power to vest the company's estate and interest in the property in any person liable (either personally or in a representative character, and cither alone or jointly with the company) to perform the lessee's obligations under the lease, freed and discharged from all interests, rights and obligations created by the company in the lease or in relation to the lease.