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Minors (Property and Contracts) Act 1970
47Guarantee
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47 Guarantee
47 Guarantee
(1) A guarantor of an obligation of a minor is bound by the guarantee to the extent to which he or she would be bound if the minor were not a minor.
(2) For the purposes of subsection (1) a minor has, under a civil act in which the minor participates, the obligation which the minor would have if the minor were not a minor at the time of his or her participation.
(3) This section applies to a guarantee given after the commencement of this Act.