28  ASSIGNMENT ETC.

28.1  In the event that the Authority novates, assigns or otherwise transfers its rights and obligations under the Project Agreement to another person then the Authority will novate this Agreement and the Lease to that party.

28.2  Notwithstanding Clause 28.1, this Agreement and the Lease may be novated in accordance with the terms of the Principal Agreement.

28.3  Subject to Clauses 28.1 and 28.2, no party shall otherwise novate, assign or transfer its rights or obligations under this Agreement without the prior written consent of the other party.