Enforcement of obligations in agreements
16 Enforcement of obligations in agreements
Where a provision in a document entered into by the Corporation:
prevents or restricts termination of that, or any other, document by the Corporation;
states that an obligation of the Corporation is absolute and unconditional in all, or in specified, circumstances;
prevents the Corporation from making any set off or raising any defence or counterclaim, or restricts the ability of the Corporation to do so;
states that the Corporation shall not be released, relieved or discharged from an obligation owed by it by reason of any, or any specified, matter or thing;
states that an obligation of the Corporation shall not be prejudiced or affected by reason of any, or any specified, matter or thing; or
states that an item which is or may become affixed to land will not constitute a fixture or otherwise be or become part of that land,
that provision shall operate, and be enforceable, in accordance with its terms notwithstanding any Act or rule of law to the contrary.
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