SoPC Section (or Clause)

Nature of Revision

Description of Revision

Drafting Change (shown in bold)

21.5.1
(Clause)
Voluntary
Termination by
the Authority

New small change to Required Drafting

Small changes are made to the notice provisions on voluntary termination.

21.5.1 Voluntary Termination by the Authority

(a) The Authority may terminate the Contract at any time on or before its Expiry Date by complying with its obligations under paragraphs (b) to (d) below.

(b) If the Authority wishes to terminate the Contract under this Clause, it must give notice to the Contractor stating:

(i) that the Authority is terminating the Contract under this Clause 21.5.1 (Voluntary Termination by Authority);

(ii) that the Contract will terminate on the date specified in the notice, which must be a minimum of [30] days after the date of receipt of the notice; and

(iii) whether the Authority has chosen to exercise its option under paragraph (c) below.

(c) On termination, the Authority shall have the option to require the Contractor to transfer its right, title and interest in and to the Assets to the Authority or as directed by the Authority.

(d) The Contract will terminate on the date specified in the notice referred to in paragraph (b) above;