PART 8The Administrator
CHAPTER 1Powers of the administrator
Communication of disclaimer to persons interestedI1156
1
Within seven business days after the date of the notice of disclaimer, the administrator must send or give copies of the notice to every person who, to the administrator’s knowledge—
a
claims under the institution as underlessee or mortgagee, where the property disclaimed is of a leasehold nature,
b
claims an interest in the disclaimed property,
c
is under any liability in respect of the property, not being a liability discharged by the disclaimer, or
d
who is party to the contract or has an interest under it where the disclaimer is of an unprofitable contract.
2
If subsequently it comes to the administrator’s knowledge, in the case of any person ‘P’, that P has such an interest in the disclaimed property as would have entitled P to receive a copy of the notice of disclaimer under paragraph (1), the administrator must then, as soon as is reasonably practicable, send or give to P a copy of the notice.
3
Compliance with paragraph (2) is not required if—
a
the administrator is satisfied that P has already been made aware of the disclaimer and its date, or
b
the court, on the administrator’s application, orders that compliance is not required in that particular case.