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Notice to disclaim onerous property.

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..... tice to disclaim onerous property. 161. (1) No notice of disclaimer under section 160 shall be necessary if- (a) a person interested in the onerous property has applied in writing to the bank .....

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..... For the purposes of this section, an onerous property is said to be disclaimed where notice in relation to that property has been given by the bankruptcy trustee under section 160. *** .....

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