(1)This section applies where a local authority have entered into a contract to which section 41 of this Act applies in contravention of that section.
(2)The Education Assets Board may by notice in writing served on the other party to the contract repudiate the contract at any time before it is performed.
(3)A repudiation under subsection (2) above shall have effect as if made by the local authority concerned.
Commencement Information
I1S. 42 wholly in force at 6.5.1992 see s. 94(3) and S.I. 1992/831, art. 2, Sch. 1