33: Enforcement of contracts contingent on an event not happening
The Contract Act · Federal Acts · Chapter III · in_force
Discuss this provision with AI
Contingent contracts to do or not to do anything if an uncertain future event does not happen can be enforced when the happening of that event becomes impossible, and not before. Illustration A agrees to pay B a sum of money if a certain ship does not return. The ship is sunk. The contract can be enforced when the ship sinks.
Related sections
32: Enforcement of contracts contingent on an event happening34: When event on which contract is contingent to be deemed impossible, if it is the future31: “Contingent contract” defined35: When contracts become void which are contingent on happening of specified event within30C: Payment by guardian, executor etc., in respect of void agreements not to be allowed credit36: Agreement contingent on impossible events void
Version 1 · Source-traceable official reference. LawHub does not modify the official record.