Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) Nothing done under this Act:
(a) constitutes a breach of an instrument; or
(b) fulfils a condition in an instrument that would do any of the following:
(i) allow a person to terminate or modify the operation or effect of the instrument;
(ii) allow a person to enforce an obligation or exercise a right under the instrument;
(iii) release a person from an obligation under the instrument;
(iv) require a person to perform an obligation under the instrument;
(v) require money to which the instrument relates to be paid before the money's stated maturity; or
(c) constitutes an intervening event for the purposes of an insurance policy or reinsurance policy; or
(d) causes an instrument to become void or otherwise unenforceable; or
(e) releases any surety from any of the surety's obligations in relation to an instrument.
(2) This section applies despite anything in an instrument.