This Deed is intended for use where a business or individual wishes to transfer the benefit of a contract, and has decided to execute the assignment as a deed to prevent consideration issues arising.

As the burden of a contract cannot be assigned, the parties may choose a joined assignment and subcontracting arrangement. Note however that some contracts cannot be assigned at all, or there is a prohibition on assignment, or require a would-be assignor to obtain the other party’s prior consent (although intra-group assignments are often permitted).