Part 1Assignation
Chapter 1Assignation of claims, protection of debtors and related matters
Protection of debtors
I113Performance in good faith where claim assigned subject to condition
1
Subsection (2) applies where—
a
a claim in respect of which an assignation document is granted is subject to a condition which must be satisfied before the claim is transferred,
b
the claim has not yet been transferred by virtue only of the condition not yet being satisfied, and
c
the debtor, or any co-debtor, performs in good faith to the assignee.
2
The debtor, or (where there are two or more co-debtors) each of the co-debtors, is discharged from the claim to the extent of the performance.
3
Section 10(3) applies for the purposes of subsection (2) as it applies for the purposes of section 10(2).