Australian Capital Territory Current Acts

FINANCIAL MANAGEMENT ACT 1996 - SECT 117

To remove any doubt, the operation of this division must not be taken to—

        (a)     place a person in breach of contract or confidence; or

        (b)     otherwise make a person guilty of a civil wrong; or

        (c)     place a person in breach of, or create a default under, any territory law or provision in an agreement, arrangement or understanding, including, for example, a contractual provision prohibiting, restricting or regulating the following:

              (i)     the assignment or transfer of an asset, right or liability;

              (ii)     the disclosure of information; or

        (d)     release a surety from any of surety's liabilities in relation to a liability that is transferred under a declaration made by a Minister under this division; or

        (e)     fulfil a condition that—

              (i)     allows an entity to terminate an agreement or liability; or

              (ii)     alters the operation or effect of an agreement; or

              (iii)     requires an amount to be paid before its stated maturity.