Common use of Statutory Warranties Clause in Contracts

Statutory Warranties. Where the Corporations Act, the ASIC Act or the Consumer and Competition Xxx 0000 of the Commonwealth of Australia or any similar state or territory legislation implies in this Agreement any term, condition or warranty, and makes void or prohibits excluding or modifying the application of or exercise of, or liability under such term, condition or warranty, such term, condition or warranty will be deemed to have been included in this Agreement. However, our liability for any breach of such term, condition or warranty will be limited, at our option, to any one or more of the following: a. If the breach relates to goods: i. The replacement of the goods or the supply of equivalent or similar goods; ii. The repair of the goods; iii. The payment of the cost of repairing the goods or acquiring the relevant goods, or payment of the cost of having the goods repaired; or b. If the breach relates to services: i. The supplying of the services again; or ii. The payment of the cost of having the services supplied again.