Part 2
Contracts legislation
Contractual mistakes
21Purpose of this subpart
The purpose of this subpart is to mitigate the arbitrary effects of mistakes on contracts by giving courts appropriate powers to grant relief in the circumstances mentioned in section 24.
These powers—
- are in addition to, and not in substitution for, existing powers to grant relief in respect of matters other than mistakes; and
- must not be exercised in a way that prejudices the general security of contractual relationships.