315 Disclaimer (general power)
315 Disclaimer (general power)

(1)     Subject as follows, the trustee may, by the giving of the prescribed notice, disclaim any onerous property and may do so notwithstanding that he has taken possession of it, endeavoured to sell it or otherwise exercised rights of ownership in relation to it.

(2)     The following is onerous property for the purposes of this section, that is to say—

(a)     any unprofitable contract, and

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