Section 7 Remedies available to third partyI1

This section applies where a person has a third-party right to enforce or otherwise invoke an undertaking contained in a contract.

The person has available, as a remedy for breach of the undertaking, any remedy for breach which a contracting party would be entitled to were the undertaking one in favour of the contracting party.

Subsection (2) is subject to any contrary provision made in the contract.