Northern Territory Consolidated Acts

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YEAR 2000 INFORMATION DISCLOSURE ACT 1999 - SECT 12

Presumption against amendment of contracts

12. Presumption against amendment of contracts

(1) The making of a Year 2000 disclosure statement is taken not to amend, alter or vary a contract unless -

(a) both -

(i) the parties to the contract have expressly agreed to the amendment, alteration or variation; and

(ii) that agreement satisfies one of the conditions set out in subsection (2); or

(b) the contract expressly provides for the amendment, alteration or variation by way of the making of a Year 2000 disclosure statement.

(2) The conditions referred to in subsection (1)(a)(ii) are as follows:

(a) the agreement is made in writing;

(b) the agreement is embodied in a data storage device and is capable of being reproduced in writing from that device (with or without the aid of any other article or device);

(c) the agreement is made by way of one or more electronic communications of writing.

part 5 - exemption from section 45 of competition code



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