88
CurrentContract formalities
Part 6Miscellaneous
Division 2Other provisions
88 Contract formalities
(1)
In so far as the formalities of making, varying or discharging a contract are concerned, a person acting as authorised by the Authority may make, vary or discharge a contract in the name of or on behalf of the Authority in the same manner as if that contract were made, varied or discharged by a natural person.
(2)
The making, variation, or discharge of a contract in accordance with subsection (1) is effectual in law and binds the Authority and other parties to the contract.
(3)
Subsection (1) does not prevent the Authority from making, varying or discharging a contract under its common seal.
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