New South Wales Consolidated Acts

PASSENGER TRANSPORT ACT 1990 - SECT 25

25 Assignment of benefit of service contracts

(1) The benefit of a service contract may not be assigned by its holder without the consent of the Director-General.

(2) If the Director-General is satisfied:

(a) in the case of a contract relating to a service other than a ferry service, that the person nominated is an accredited service operator of an appropriate kind, and

(b) in any case, that adequate provision will be made by the assignee for the conduct of the service concerned,

the Director-General may, by instrument in writing, consent to such an assignment.

(3) When the benefit of a contract is assigned, the assignee is bound, by force of this subsection, to perform the obligations which the assignor was bound under the contract to perform.

(4) Any purported assignment in contravention of this section is void.