# The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021, Article 161: Disclaimer presumed valid and effective

Extent: E+W

Any disclaimer of property by the administrator is presumed valid and effective, unless it is proved that the administrator has been in breach of their duty with respect to the giving of notice of disclaimer, or otherwise, under sections 178 to 180 of the IA 1986 or under this Chapter of these Rules.

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Source: https://www.legislation.gov.uk/uksi/2021/1178/article/161 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-england-and-wales-rules-2021/article-161
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.