(1) The Court may order that disclaimed property vest in, or be delivered to:
- (a)
- a person entitled to the property; or
- (b)
- a person in or to whom it seems to the Court appropriate that the property
be vested or delivered; or
- (c)
- a person as trustee for a person of a kind referred to in
paragraph (a) or (b).
(2) The Court may make an order under subsection (1):
- (a)
- on the
application of a person who claims an interest in the property, or is under a
liability in respect of the property that this Act has not discharged; and
- (b)
- after hearing such persons as it thinks appropriate.
(3) Subject to subsection (4), where an order is made under
subsection (1) vesting property, the property vests immediately, for the
purposes of the order, without any conveyance, transfer or assignment.
(4) Where:
- (a)
- a law of the Commonwealth or of a State or Territory requires
the transfer of property vested by an order under subsection (1) to be
registered; and
- (b)
- that law enables the order to be registered;
the property vests in equity because of the order but does not vest at law
until that law has been complied with.