4.6  Release of Authority

On and after the Novation Effective Date:

(a)  the Construction Contractor shall owe its obligations under the Construction Contract (whether arising before, on or after such date) to the Proposed Substitute and the receipt, acknowledgement or acquiescence of the Proposed Substitute shall be a good discharge; and

(b)  if the Authority shall have entered into a Step-in Undertaking, the Authority will be released from the Step-in Undertaking, provided that:

(i)  all obligations of the Authority under the Step-in Undertaking which have accrued up to the Novation Effective Date and are identifiable as at that date shall have been fully and unconditionally discharged; and

(ii)  the Authority has performed and discharged in full or procured the performance and discharge in full of the obligations of the Service Provider under the Construction Contract in relation to the maintenance of records and the provision of reports during the Step-in Period up to the Novation Effective Date so as to permit the Construction Contractor to monitor the performance of the Service Provider's other obligations under the Construction Contract;

(c)  The Authority and the Construction Contractor shall use all reasonable endeavours to agree and the Authority shall use reasonable endeavours to procure that the Proposed Substitute agrees any amendments to the Construction Contract necessary to reflect clause 3.2(b) and the fact that the Project Agreement may have terminated at the time of the Novation Effective Date.