Development Financial Institutions Act 2002 · Updated to 6 Oct 2023 · Part IX · Miscellaneous
128. Contravention not to affect contract, agreement or arrangement
Feedback & supportExcept as otherwise provided in this Act, or in pursuance of any provision of this Act, no contract, agreement or arrangement entered into in contravention of any provision of this Act shall be void solely by reason of such contravention.
agreement
“agreement” means an agreement whether formal or informal, oral or written, express or implied;
Subsection (1) shall not affect any criminal liability of any person for an offence under this Act in respect of such contravention.
person
“person” includes an individual, any corporation, statutory body, local authority, society, trade union, co-operative society, partnership and any other body, organization, association or group of persons, whether corporate or unincorporate;
*129. (Deleted by Act A1502).