42Term of enterprise agreement

#### 42 Term of enterprise agreement 42 Term of enterprise agreement > > (1) An enterprise agreement applies for the period specified in it as its nominal term and, after that period, until terminated in accordance with this Part. > > > (2) The nominal term of an enterprise agreement must not be more than 3 years. > > > (3) However, an enterprise agreement made for a project may have a specified nominal term not exceeding the expected duration of the project. > > > (4) An enterprise agreement varying an earlier agreement applies for the residue of the term of the agreement it varies. > > **s 42:** Am 2000 No 67, Sch 1 \[13\].