Illegal Contracts Act 1970
Appearance
Illegal Contracts Act | |
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New Zealand Parliament | |
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Royal assent | 01 December 1970 |
Commenced | 01 December 1970 |
Administered by | Ministry of Justice |
Status: Current legislation |
The Illegal Contracts Act [1970] is a New Zealand law that manages how contracts are deemed illegal under either common law or under Statute.
Under this law, all such contracts are deemed illegal, but it gives wide discretionary powers to grant relief, including granting orders such as ordering:
- validation (declaring the contract to be either partially or fully enforceable)
- variation of the contract
- restitution
- compensation (damages)
External links
- Illegal Contracts Act [1970] text of the Act