China
Africa
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Time for Completion, Delay in Completion
Published in B. S. Patil, S. P. Woolhouse, B.S. Patil’s Building and Engineering Contracts, 7th Edition, 2019
Under Section 62, apart from novation of a contract and rescission of a contract, alteration of a contract is mentioned. Alteration is understood generally in the sense of amendment. It is settled law that an amendment to a contract being in the nature of a modification of the terms of the contract must be read in and become a part of the original contract in order to amount to an alteration under Section 62 of the Indian Contract Act.69
Novel urban water systems in Germany: governance structures to encourage transformation
Published in Urban Water Journal, 2018
Engelbert Schramm, Heide Kerber, Jan Hendrik Trapp, Martin Zimmermann, Martina Winker
Finally, stakeholders outlined greater entrepreneurial and regulatory risks in novel urban water systems during the planning phase. Regulatory risks (see also Section 3.1) are risks that stem from the general unpredictability of new or modified regulatory frameworks, such as laws or technical standards, as might be the case with novel types of systems. Non-compliance with these rules might have a negative effect on a company’s short or long-term financial success (entrepreneurial risks). There is a need for amendments and adaptations regarding a number of laws and technical standards on various levels for innovations to be introduced. Laws on an EU and federal level, for instance, comprise the EU Urban Waste Water Treatment Directive (Council Directive 91/271/EEC) and the German Federal Water Act. Furthermore, federal state laws (e.g. state water acts, local government laws) and municipal laws (e.g. land use plans) might have to be revised. Adaptation efforts and requirements also apply to contracts (e.g. urban development contracts) and technical standards in particular. The stakeholders attached great importance to the latter aspect during the participatory workshops.