- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)The rule of law by which a person who is not a party to a contract may acquire a right to enforce or otherwise invoke the contract’s terms does not apply in relation to contracts constituted on or after the day this section comes into force.
(2)If a contract constituted before this section comes into force is modified so that an undertaking it contains gives rise to a third-party right under section 1, a person who may enforce or otherwise invoke the undertaking by virtue of that right may not do so by virtue of any right acquired by operation of the rule of law mentioned in subsection (1).
(3)A right rendered unenforceable by subsection (2) remains incapable of being enforced or invoked notwithstanding—
(a)its transfer to another person, or
(b)the third-party right under section 1 referred to in that subsection being relinquished (whether by transfer, waiver or otherwise).
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: