56Protection of contractual and other obligations

#### 56 Protection of contractual and other obligations 56 Protection of contractual and other obligations > > (1) This section applies to the following— > > > > > (a) the operation of this Act, and in particular the operation of section 51, > > > > > (b) the sale of TAB Limited as authorised by this Act, > > > > > (b1) the payment (whether or not by the issue of shares) of any consideration or fee for a licence issued to TAB or a TAB subsidiary under the [Totalizator Act 1997](/view/html/inforce/current/act-1997-045), the [Liquor Act 1982](/view/html/repealed/current/act-1982-147) or the [Registered Clubs Act 1976](/view/html/inforce/current/act-1976-031), before the sale of TAB Limited as authorised by this Act, > > > > > (c) an agreement, guarantee or other arrangement or transaction, entered into or carried out under this Act for purposes connected with this Act, > > > > > (d) a disclosure of information made for the purposes of the sale or proposed sale of TAB Limited. > > > (2) None of the matters or things referred to in subsection (1) are to be regarded as a breach of confidence or otherwise as a civil wrong or as giving rise to a breach of or an offence against a provision of an Act that prohibits or restricts the disclosure of information. > > > (3) None of the matters or things referred to in subsection (1) are to be regarded— > > > > > (a) as a breach of contract or other instrument or as requiring any act to be done under an instrument, or > > > > > (b) as giving rise to any right or remedy by a party to an instrument, or as causing or permitting the termination of an instrument, or > > > > > (c) as an event of default under an instrument, or > > > > > (d) as a contravention of section 205 (1) (a) of the [Corporations Law](/view/html/inforce/current/sl-1999-0703). > > > (4) (Repealed) > > > (5) A reference in subsection (3) to an instrument does not include an Act. > > **s 56:** Am 1997 No 151, Sch 1 \[30\] \[31\].