79.8  Balance of Fund

If:

79.8.1  all the rectification and/or maintenance work identified by the Authority has been carried out to the Authority's reasonable satisfaction;

79.8.2  all such work has been paid for by the Contractor; and

79.8.3  no termination notice given in accordance with this Contract is outstanding,

then the Authority shall pay any credit balance on the Retention Fund Account to the Contractor as soon as practicable.