269Validity of things done under this Part

269 Validity of things done under this Part Nothing done under or by this Part— (a) is to be regarded as placing any person in breach of contract or confidence or as otherwise making any person guilty of a civil offence; or (b) is subject to compliance with or is to be regarded as placing any person in breach of or as constituting a default under any Act or other law or any provision in any agreement, arrangement or understanding including, without limiting the generality of the foregoing, any provision prohibiting, restricting or regulating the assignment or transfer of any property or right or the disclosure of any information; or (c) is to be regarded as fulfilling any condition which allows a person to exercise a power, right or remedy in respect of or to terminate any agreement or obligation; or (d) is to be regarded as giving rise to any remedy for a party to a contract or an instrument or as causing or permitting the termination of any contract or instrument because of a change in the beneficial or legal ownership of any property, right or liability; or (g) releases any surety or other obligor wholly or in part from any obligation. S. 270 inserted by No. 52/2004 s. 51.