37.1  Voluntary Termination by the Authority

37.1.1  The Authority may terminate this Agreement at any time on or before the Expiry Date by complying with its obligations under clause 37.1.2 (Voluntary Termination by the Authority) and 37.1.3 (Voluntary Termination by the Authority).

37.1.2  If the Authority wishes to terminate this Agreement under clause 37.1.1 (Voluntary Termination by the Authority) it must give notice to the Contractor stating:

(a)  that the Authority is terminating this Agreement under this clause 37.1 (Voluntary Termination by the Authority);

(b)  that this Agreement will terminate on the date specified in the Termination Notice, which must be a minimum of twenty (20) Business Days after the date of receipt of the notice; and

(c)  whether the Authority has chosen to exercise its option under clause 37.1.3 (Voluntary Termination by the Authority).

37.1.3  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.

37.1.4  This Agreement will terminate on the date specified in the Termination Notice referred to in clause 37.1.2(b) (Voluntary Termination by the Authority) above.