33.3.1  No assignment without consent

(a)  Other than a Permitted Security Interest or where a replacement private party has been appointed by a financier in accordance with the requirements of the funder's direct agreement, the private party must not dispose of any of its rights or interests in the project agreement or other Project Contracts, without obtaining government's prior consent (to be provided at its discretion).

(b)  Depending on the nature of the project, this restriction may also extend to the private party procuring that specified major sub-contractors do not dispose of their interest in the relevant sub-contract.92

_________________________________________________________________________________________________
92 This is discussed at section 27.5 of Chapter 27(Sub-contractors).