Court of Appeal Wellington
20, 26 February 1997
Richardson P, Gault, Henry, Blanchard and Hammond JJ
20, 26 February 1997
Richardson P, Gault, Henry, Blanchard and Hammond JJ
Bankruptcy and insolvency — Disclaimer — Application by bankrupt seeking vesting in bankrupt of property disclaimed by Official Assignee — Whether bankrupt entitled to make such application — Whether bankrupt able to claim an interest in disclaimed property — Insolvency Act 1967, s 75(2) and 75(4).
Bankruptcy and insolvency — Property of bankrupt — Official Assignee disclaiming lease — Whether bankrupt entitled to apply for relief against forfeiture under Property Law Act 1952 in respect of disclaimed lease — Property Law Act 1952, s 118 — Insolvency Act 1967, s 75(2) and 75(4).
Statutes — Interpretation — Observations concerning rule of literal construction — Meaning of "interest" in s 75 of Insolvency Act 1967 — Insolvency Act 1967, s 75(4)(b).
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