Financial Sector Reform (Queensland) Act 1999
sec.16Relationship of pt 4 with other laws
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sec.16 Relationship of pt 4 with other laws
This part has effect despite anything in a contract, deed, undertaking, agreement or other instrument. Nothing done under this part— places a receiving body, a transferring body or another person in breach of contract or confidence or otherwise makes any of them guilty of a civil wrong; or places a receiving body, a transferring body or another person in breach of— a law of the State; or a contractual provision prohibiting, restricting or regulating the assignment or transfer of an asset or liability or the disclosure of information; or releases a surety, wholly or partly, from all or any of the surety’s obligations. Without limiting subsection (1) , if, apart from this section, the advice or consent of a person would be necessary for a particular purpose, the advice is taken to have been obtained or the consent is taken to have been given. (sec.16-ssec.1) This part has effect despite anything in a contract, deed, undertaking, agreement or other instrument. (sec.16-ssec.2) Nothing done under this part— places a receiving body, a transferring body or another person in breach of contract or confidence or otherwise makes any of them guilty of a civil wrong; or places a receiving body, a transferring body or another person in breach of— a law of the State; or a contractual provision prohibiting, restricting or regulating the assignment or transfer of an asset or liability or the disclosure of information; or releases a surety, wholly or partly, from all or any of the surety’s obligations. (sec.16-ssec.3) Without limiting subsection (1) , if, apart from this section, the advice or consent of a person would be necessary for a particular purpose, the advice is taken to have been obtained or the consent is taken to have been given.
- (a) places a receiving body, a transferring body or another person in breach of contract or confidence or otherwise makes any of them guilty of a civil wrong; or
- (b) places a receiving body, a transferring body or another person in breach of— (i) a law of the State; or (ii) a contractual provision prohibiting, restricting or regulating the assignment or transfer of an asset or liability or the disclosure of information; or
- (i) a law of the State; or
- (ii) a contractual provision prohibiting, restricting or regulating the assignment or transfer of an asset or liability or the disclosure of information; or
- (c) releases a surety, wholly or partly, from all or any of the surety’s obligations.
- (i) a law of the State; or
- (ii) a contractual provision prohibiting, restricting or regulating the assignment or transfer of an asset or liability or the disclosure of information; or