New South Wales Consolidated Acts New South Wales Consolidated ActsAn action on a cause of action arising under Part 3 of the Frustrated Contracts Act 1978 , by virtue of the frustration of a contract or avoidance of an agreement under section 12 of the Sale of Goods Act 1923 , is not maintainable if brought after the expiration of a limitation period of 6 years running from the date of the frustration or avoidance.