New South Wales Consolidated Acts

ALBURY-WODONGA DEVELOPMENT REPEAL ACT 2000 - SECT 10

10 Operation of sections 7, 8 and 9

(1) The operation of sections 7, 8 and 9 is not to be regarded:

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

(b) as a breach of any contractual provision prohibiting, restricting or regulating the assignment or transfer of assets, contractual rights and obligations, or liabilities, 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 asset, contractual right or obligation, or liability.

(2) The operation of section 7, 8 or 9 is not to be regarded as an event of default under any contract or other instrument.

(3) No attornment to the Development Corporation by a lessee from the Corporation is required.