WATER MANAGEMENT ACT 2000 - SECT 176 Effect of administration on existing contracts
WATER MANAGEMENT ACT 2000 - SECT 176
Effect of administration on existing contracts176 Effect of administration on existing contracts
On the appointment of an administrator of a corporation--
(a) all contracts of employment with the corporation are terminated, and
(b) the administrator may terminate any contract for the provision of services to or by the corporation.