Financial Management Act 1996
117Operation of div 9.6 not breach of contract etc
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117 Operation of div 9.6 not breach of contract etc To remove any doubt, the operation of this division must not be taken to— (a) place a person in breach of contract or confidence; or (b) otherwise make a person guilty of a civil wrong; or (c) place a person in breach of, or create a default under, any territory law or provision in an agreement, arrangement or understanding, including, for example, a contractual provision prohibiting, restricting or regulating the following: (i) the assignment or transfer of an asset, right or liability; (ii) the disclosure of information; or (d) release a surety from any of surety’s liabilities in relation to a liability that is transferred under a declaration made by a Minister under this division; or (e) fulfil a condition that— (i) allows an entity to terminate an agreement or liability; or (ii) alters the operation or effect of an agreement; or (iii) requires an amount to be paid before its stated maturity.