- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
30.—(1) The court may make an order under paragraph (2), on such terms as it thinks fit, on the application of a person who—
(a)claims an interest in the disclaimed property; or
(b)is under a liability in respect of the disclaimed property that is not discharged by the disclaimer.
(2) An order under this paragraph is an order to vest the disclaimed property in, or require its delivery to—
(a)a person entitled to it (or a trustee for such a person); or
(b)a person subject to a liability as is mentioned in paragraph (1)(b) (or a trustee for such a person).
(3) An order under paragraph (2)(b) may only be made where it appears to the court that it would be just to do so for the purpose of compensating the person subject to the liability in respect of the disclaimed property.
(4) On an order being made, the property comprised in it vests in the person named in the order without conveyance, assignment or transfer.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: