Western Australian Current Acts

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55 .         Effect on other instruments, rights and obligations

                The operation of this Part must not be regarded —

            (a)         as a breach of contract or confidence or otherwise a civil wrong; or

            (b)         as a breach of any contractual provision prohibiting, restricting or regulating the assignment or transfer of assets, rights or liabilities or the disclosure of information; or

            (c)         as giving rise to any remedy by a party to an instrument, or as causing or permitting the termination of any instrument, because of a change in the beneficial or legal ownership of any assets, rights or liabilities; or

            (d)         as causing any contract or instrument to be void or otherwise unenforceable; or

            (e)         as releasing or allowing the release of any surety.

        [Section 55 inserted by No. 22 of 2016 s. 12.]

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