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AGRICULTURE PROTECTION BOARD ACT 1950 - SECT 14

14 .         Contracts

                In relation to contracts to which the Protection Board is a party, the following provisions shall apply —

            (a)         every contract made by the Protection Board may, if the Protection Board thinks fit, specify the person to whose satisfaction the contract is to be completed and the mode of determining any dispute which arises concerning or in consequence of the contract;

            (b)         the powers granted to the Protection Board under this or any other Act to make contracts may be exercised as follows —

                  (i)         any contract which, if made between private persons would be required by law to be in writing under seal, may be made on behalf of the Protection Board in writing under the common seal of the Protection Board, and may in the same manner be varied or discharged;

                  (ii)         any contract which, if made between private persons would be required by law to be in writing signed by the parties to be charged therewith, may be made on behalf of the Protection Board in writing signed by any person acting under its authority express or implied and may, in the same manner, be varied or discharged;

                  (iii)         any contract which, if made between private persons would be valid in law, although made by parol only and not reduced into writing, may be made by parol on behalf of the Protection Board by any person acting under its authority express or implied and may in the same manner be varied or discharged;

            (c)         all contracts so made and duly executed by the parties thereto respectively shall be effectual in law and binding on the Protection Board and all other parties thereto, their successors, heirs, executors or administrators, as the case may be, and in the case of default in the execution of any such contract either by the Protection Board or by any other party thereto, such actions or suits or other proceedings may, subject to the provisions of this Act, be instituted either by or against the Protection Board in its corporate name or by or against the other parties making the default, and such damages and costs recovered as might be instituted and recovered had the like contract been made between private persons;

            (d)         no contract made by the Protection Board the consideration of which exceeds $100 000 shall have any force or effect unless sanctioned by the Governor;

            (e)         the Protection Board may compound and agree with any person or firm who has entered into any contract with it or against whom any action or suit is brought for any penalty contained in any such contract or in any bond or other security for the performance thereof or for or on account of any breach or non-performance of any such contract, bond or security for such sum of money or other recompense as the Protection Board thinks proper.

        [Section 14 amended by No. 113 of 1965 s. 8(1); No. 95 of 1986 s. 5.]



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