55
In forceEffect of rescission notice
Part 5Village contracts
Division 5.1General
55 Effect of rescission notice
(1)
A notice rescinding a village contract under this part (a rescission notice) takes effect on service of the notice.
Note
For how documents may be served, see the Legislation Act, pt 19.5.
(2)
A village contract that is rescinded under this part is void.
(3)
However, subsection (2) does not affect the rights and obligations set out in section 56, section 57 or section 58.
This Act’s bill:Explanatory statementSecond reading speech
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