A waste management licence could constitute both property and onerous property for the purposes of the Insolvency Act. It could also be an interest incidental to the land to which it related. Because of this the liquidator of a waste management company could disclaim the licence without committing an offence under the Act.
Citations:
Times 05-Aug-1999
Statutes:
Environmental Protection Act 1990 33 34, Insolvency Act 1986 178(3), 436
Jurisdiction:
England and Wales
Environment, Insolvency
Updated: 11 May 2022; Ref: scu.84428