58Avoidance of contracts for sale of commodity

#### 58 Avoidance of contracts for sale of commodity 58 Avoidance of contracts for sale of commodity > > (1) Every contract, whether made before or after the commencement of this section, or provision in any such contract, so far as it relates to the sale of a commodity the subject of a proclamation under section 56 (1) whether or not the commodity has come into existence when the contract was made, is and shall be deemed to have been void and of no effect as from the date upon which the contract was made. > > > (2) Any provision in a contract, being a provision referred to in subsection (1), shall be deemed to be severable. > > > (3) Any transaction or contract with respect to the commodity which is the subject-matter of any contract or provision of a contract declared by this section to be void shall also be void and of no effect, and any money paid pursuant to any such contract or provision or to any such transaction shall be repayable. > > > (4) This section does not apply to a contract entered into by the board or a contract declared by the board to be a contract to which this section does not apply. > > **s 58:** Am 1985 No 82, Sch 1 (2).