Document ID: chunk:federal_register_of_legislation:C2004C00908:clause:1_67azu
Version: federal_register_of_legislation:C2004C00908
Segment Type: clause
Provision Reference: sch 1 cl 67AZU
Character Range: 42827–43876

67AZU  Operation of this Part does not place a person in breach of contract etc.

  To avoid doubt, 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, or constituting a default under, any Act or other law or any provision in an agreement, arrangement or understanding including, but not limited to, any contractual provision prohibiting, restricting or regulating:
 (i) the assignment or transfer of any asset, liability, right or obligation; or
 (ii) the disclosure of any information; or
 (d) releasing any surety from any of the surety's obligations in relation to a liability or obligation that is transferred under a declaration made under this Part; or
 (e) fulfilling any condition which:
 (i) allows a person to terminate any agreement or obligation; or
 (ii) modifies the operation or effect of any agreement; or
 (iii) requires any money to be paid before its stated maturity.