QLDIn ForceAct
Racing Act 2002
sec.182Pt 4 does not affect existing legal relationships
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### sec.182 Pt 4 does not affect existing legal relationships
Nothing done under this part in relation to a former control body—
places the new control body in breach of a contract, trust or confidence or otherwise makes the new control body guilty of a civil wrong; or
makes the new control body in breach of any instrument, including an instrument prohibiting, restricting or regulating the assignment, transfer or assumption of a right or liability; or
is taken to fulfil a condition or otherwise constitute an event—
allowing a person to terminate an instrument or be released, wholly or partly, from an obligation or modify the operation or effect of an instrument or obligation; or
requiring money to be paid, or anything else to be done, before its stated maturity; or
releases a surety or other obligee, wholly or partly, from an obligation.
s 182 prev s 182 om 2009 No. 24 s 724
pres s 182 ins 2010 No. 22 s 23
- (a) places the new control body in breach of a contract, trust or confidence or otherwise makes the new control body guilty of a civil wrong; or
- (b) makes the new control body in breach of any instrument, including an instrument prohibiting, restricting or regulating the assignment, transfer or assumption of a right or liability; or
- (c) is taken to fulfil a condition or otherwise constitute an event— (i) allowing a person to terminate an instrument or be released, wholly or partly, from an obligation or modify the operation or effect of an instrument or obligation; or (ii) requiring money to be paid, or anything else to be done, before its stated maturity; or
- (i) allowing a person to terminate an instrument or be released, wholly or partly, from an obligation or modify the operation or effect of an instrument or obligation; or
- (ii) requiring money to be paid, or anything else to be done, before its stated maturity; or
- (d) releases a surety or other obligee, wholly or partly, from an obligation.
- (i) allowing a person to terminate an instrument or be released, wholly or partly, from an obligation or modify the operation or effect of an instrument or obligation; or
- (ii) requiring money to be paid, or anything else to be done, before its stated maturity; or