Part 1Formation of Contract

Time limits

11Time limits

(1)

In relation to the formation of a contract, notification of acceptance of an offer is only effective if it occurs—

(a)

before the expiry of any period of time specified in the offer, or

(b)

if no period of time is specified in the offer, within a reasonable time after the notification of the offer has taken effect.

(2)

Notification of acceptance of an offer occurs when—

(a)

in the case of section 7(1)(a), the statement in question reaches the offeror,

(b)

in the case of section 7(1)(b), the offeror is aware, or ought to be aware, of the conduct in question.

(3)

Performance of an act as described in section 3(1) is effective only if it is begun before the expiry of any period of time mentioned in subsection (1).

(4)

Sections 13(3) and (4) apply for the purposes of subsection (2)(a) as they apply for the purposes of section 13(1).