Victorian Current Acts Victorian Current Acts(1) This Part has effect despite anything in a contract, deed, undertaking, agreement or other instrument.
(2) Nothing done under this Part—
(a) places a receiving body, a transferring body or another person in breach of contract or confidence or otherwise makes any of them guilty of a civil wrong; or
(b) places a receiving body, a transferring body or another person in breach of—
(i) a law of the State; or
(ii) a contractual provision prohibiting, restricting or regulating the assignment or transfer of an asset or liability or the disclosure of information; or
(c) releases a surety, wholly or partly, from all or any of the surety's obligations.
(3) Without limiting subsection (1), if, apart
from this section, the advice or consent of a person would be necessary in a
particular respect, the advice is taken to have been obtained or the consent
is taken to have been given.
Part 5—Industry Supervision Fund