Implied and model provisions for heritage agreements
93 Implied and model provisions for heritage agreements
Regulations may prescribe provisions relating to —
the terms used in heritage agreements and the interpretation of those terms; and
the scope, duration and termination of heritage agreements; and
the manner of providing notices under heritage agreements; and
remedies for breach or repudiation of heritage agreements or default under heritage agreements; and
the governing law of heritage agreements; and
procedures for resolving disputes arising under or in connection with heritage agreements; and
the measurement of damages, compensation or penalties in connection with heritage agreements; and
any other matter connected with the formation, interpretation and enforcement of heritage agreements.
The regulations must designate each provision prescribed under subsection (1) as —
an implied provision; or
a model provision.
A designation under subsection (2)(a) may be expressed to have effect in relation to all heritage agreements, or prescribed heritage agreements, or a prescribed class of heritage agreements.
An implied provision cannot apply to a heritage agreement made before the coming into operation of this section.
If a provision is designated under subsection (2)(a) as an implied provision in relation to a heritage agreement —
the implied provision has effect as a provision of the heritage agreement; and
if it is inconsistent with another provision of the heritage agreement, the implied provision prevails and the other provision is, to the extent of the inconsistency, of no effect.
A provision designated under subsection (2)(b) as a model provision in relation to a heritage agreement may be included as a provision of the heritage agreement by appropriate reference in the express terms of the heritage agreement.
This provision refers to the regulations (The regulations
, prescribed class
). Made under this Act:
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