Oops! I can't perform. What do I do?
Sometimes a contract becomes impossible to complete or perform through no fault of either of the parties to that contract.
What happens in these circumstances?
Are either of the parties still liable?
It does not happen very often but the law had to grapple with this type of situation and an Act of Parliament was passed called of the Frustrated Contracts Act 1944.
We also provide you with a direct link to the Government legislation site where you can look up ALL Acts of Parliament and Regulations and Rules. An Act is also known as a Statute. A Regulation is also sometimes known as a Rule. This Government legislation site is still going through some teething problems. But you will be able to access all legislation and find specific Acts and Rules and individual sections.
Statutes
Statutory Regulations
Local & Private Acts
The Act has only four sections so we reproduce in full below the two relevant sections.
Although too many words have been used in the sections, they are still relatively easy to understand.
We suggest that you empower yourself with as much knowledge of the law as possible on this very short Act of Parliament and then visit our specialist topics through the direct blue links below or through the related topics boxes at the top and the bottom of this page or from looking at our Master Index.
Contracts and Contract Law
Civil Law and Claims
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