n Without Prejudice - Importance of government authority : contract law




Governments all around the world play a significant role in the infrastructure development in their countries. In the South African context, government has on many occasions acted as a counter-party to infrastructure projects, whether as concessor or security provider. Irrespective of which role government plays, the point considered in most infrastructure finance deals is whether it has the authority required to bind itself to the contracts to which it is a party.


Article metrics loading...

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error