§ COLONEL HILL (Bristol, S.)I beg to ask the President of the Board of Trade whether Trustees under the Bankruptcy Act, and the estates which they represent, are now put to considerable expense in disclaiming leasehold and other onerous property which is of no value to the debtor's estate, but which must be disclaimed in order to avoid personal liability; and, whether it is the intention of the Government to propose any amendment of the law with the view of diminishing such expense?
§ * THE PRESIDENT OF THE BOARD OF TRADE (Sir MICHAEL HICKS BEACH,) Bristol, W.The alterations in the law relating to the disclaimer of onerous property effected by Section 55 of the present Bankruptcy Act have undoubtedly been a serious source of expense to bankrupt estates, as has been pointed out in the Annual Reports presented to Parliament by the Board of Trade, and the Board of Trade are in communication with the Lord Chancellor on the subject, with the view of ascertaining whether any measures can be adopted to diminish such expense.