136Effect of termination

136 Effect of termination

136 Effect of termination

(1) If a relevant contract is terminated in accordance with this Division—

(a) the termination does not affect a right acquired, or a liability incurred, before the termination by a person who was a party to the contract, as a result of the performance before the termination of any obligation imposed by the contract, and

(b) no liability for breach of contract is, by reason only of that termination, incurred by a person who was a party to the contract, and

(c) neither the State nor the Minister incurs any liability by reason of that termination.

(2) A party to a relevant contract terminated in accordance with this Division who gives further effect to the contract is guilty of an offence.

Maximum penalty—50 penalty units.