Singapore legislation

Clause 77

Effect of termination of controlled contract

If a controlled contract is terminated or deemed to be terminated in accordance with section 76 —

(a)

the termination does not affect a right acquired, or a liability incurred, before that termination by a person who was a party to the contract;

(b)

no liability for breach of contract is incurred by a person who was a party to the contract by reason only of that termination; and

(c)

the Authority does not incur any liability by reason of that termination.