Pt 3 does not place person in breach of contract etc
19 Pt 3 does not place person in breach of contract etc
The operation of this part is not to be regarded as—
placing a person in contravention of a Territory law; or
placing a person in breach of any agreement, understanding or undertaking, or any judgment, order or process of a court; or
otherwise making a person guilty of a civil wrong; or
placing a person in breach of any agreement, understanding or undertaking that prohibits, restricts or regulates—
the assignment, vesting or transfer of an asset or a liability; or
the disclosure of any information; or
releasing a surety from any obligations in relation to a liability that is vested under this part.
This Act’s bill:Explanatory statementSecond reading speech
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