7Remedies available to third party

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

(2)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.

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