12Part does not place person in breach of contract etc.

#### 12 Part does not place person in breach of contract etc. The operation of this Part is not to be regarded as: (a) placing a person in breach of contract or confidence; or (b) otherwise making a person guilty of a civil wrong; or (c) placing a person in breach of any contractual provision prohibiting, restricting or regulating: (i) the assignment or transfer of any asset or liability; or (ii) the disclosure of any information; or (d) releasing any surety from any of the surety’s obligations in relation to a liability that is transferred to a company under this Part.