Common use of Notification of Change in Law Clause in Contracts

Notification of Change in Law. If the Contractor is affected by a Change in Law in accordance with Clause 10.4.1 and wishes to claim relief for such Change in Law, it shall give notice to the Authority of such Change in Law as soon as reasonably practicable but not later than [7 (seven)] days after becoming aware of the same. Any notice served pursuant to this Clause 10.4.3 shall provide, amongst other things, precise details of the Change in Law and its effect on the contract price and the execution of Works. After receiving the notice the Authority shall proceed to determine these matters and shall consult the Contractor in an endeavour to reach an agreement. If the agreement is not reached, the Authority shall make a fair determination in accordance with the Contract, taking due regard of all relevant circumstances. The Authority shall give notice to the Contractor of each agreement or determination, with supporting particulars. Each Party shall give effect to each agreement or determination, unless the Contractor gives notice, to the Authority, of its dissatisfaction with a determination within 14 (fourteen) days of receiving it. Either Party may then refer the dispute to be resolved in terms of dispute resolution mechanism set out in Clause 18.3 (Amicable Settlement) and 18.4 (Arbitration).

Appears in 4 contracts

Samples: Construction and Maintenance Contract, Construction and Maintenance Contract, Construction and Maintenance Contract

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Notification of Change in Law. If the Contractor Service Provider is affected by a Change in Law in accordance with Clause 10.4.1 and wishes to claim relief for such Change in Law, it shall give notice to the Authority of such Change in Law as soon as reasonably practicable but not later than [7 (seven)] days after becoming aware of the same. Any notice served pursuant to this Clause 10.4.3 shall provide, amongst other things, precise details of the Change in Law and its effect on the contract price and the execution of Works. After receiving the notice the Authority shall proceed to determine these matters and shall consult the Contractor Service Provider in an endeavour to reach an agreement. If the agreement is not reached, the Authority shall make a fair determination in accordance with the Contract, taking due regard of all relevant circumstances. The Authority shall give notice to the Contractor Service Provider of each agreement or determination, with supporting particulars. Each Party shall give effect to each agreement or determination, unless the Contractor Service Provider gives notice, to the Authority, of its dissatisfaction with a determination within 14 (fourteen) days of receiving it. Either Party may then refer the dispute to be resolved in terms of dispute resolution mechanism set out in Clause 18.3 17.1 (Amicable Settlement) and 18.4 17.2 (Arbitration).

Appears in 1 contract

Samples: Financial Management System Services Contract

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Notification of Change in Law. If the Contractor is affected by a Change in Law in accordance with Clause 10.4.1 and wishes to claim relief for such Change in Law, it shall give notice to the Authority of such Change in Law as soon assoon as reasonably practicable but not later than [7 (seven)] days after becoming aware of the same. Any notice served pursuant to this Clause 10.4.3 shall provide, amongst other things, precise details of the Change in Law and its effect on the contract price and the execution of Works. After receiving the notice notice, the Authority shall proceed to determine these matters and shall consult the Contractor in an endeavour endeavor to reach an agreement. If the agreement is not reached, the Authority shall make a fair determination in accordance with the Contract, taking due regard of all relevant circumstances. The Authority shall give notice to the Contractor of each agreement or determination, with supporting particulars. Each Party shall give effect to each agreement or determination, unless the Contractor gives notice, to the Authority, of its dissatisfaction with a determination within 14 (fourteen) days of receiving it. Either Party may then refer the dispute to be resolved in terms of dispute resolution mechanism set out in Clause 18.3 (Amicable Settlement) and 18.4 (Arbitration).

Appears in 1 contract

Samples: Construction and Maintenance Contract

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