(1) A training contract may be suspended (a) by the agreement of the parties to the contract, if the TTAC approves the suspension; or(b) by the TTAC by written notice provided to the parties if it is satisfied that it is desirable to do so.(2) The suspension of a training contract under subsection (1)(a) (a) takes effect on the day agreed by the parties, being a day not earlier than the day on which the TTAC gives its approval; and(b) continues for the period, or until the day, agreed by the parties.(3) The suspension of a training contract under subsection (1)(b) (a) takes effect on the day specified by the TTAC in the notice provided under that subsection; and(b) continues for the period, or until the day, specified by the TTAC in that notice.(4) The parties to a training contract which is suspended are not bound by the terms of the contract during that suspension except (a) as may be agreed between them, in writing; or(b) if the TTAC otherwise determines.(5) A training contract which is suspended is extended by the period of suspension unless the TTAC determines otherwise.(6) The TTAC, by notice in writing, must notify each party to a training contract of its intention to suspend the training contract under subsection (1)(b) .