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Minors’ Contracts Act 1987 (c. 13)

Minors’ Contracts Act 1987 1987 CHAPTER 13 An Act to amend the law relating to minors’ contracts. [9th April 1987] Be it enacted by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

Legislation

Table of Content

1. Disapplication of Infants Relief Act 1874 etc. E+W

2. Guarantees. E+W

3. Restitution. E+W

4. Consequential amendment and repeals. E+W

5. Short title, commencement and extent. E+W

1. Disapplication of Infants Relief Act 1874 etc. E+W

2. Guarantees. E+W

3. Restitution. E+W

4. Consequential amendment and repeals. E+W

5. Short title, commencement and extent. E+W

Section 1

1. Disapplication of Infants Relief Act 1874 etc. E+W

The following enactments shall not apply to any contract made by a minor after the commencement of this Act.— (a) the M1 Infants Relief Act 1874 (which invalidates certain contracts made by minors and prohibits actions to enforce contracts ratified after majority); and (b) section 5 of the M2 Betting and Loans (Infants) Act 1892 (which invalidates contracts to repay loans advanced during minority). Marginal Citations M1 1874 c. 62 . M2 1892 c. 4 .

Section 2

2. Guarantees. E+W

Where— (a) a guarantee is given in respect of an obligation of a party to a contract made after the commencement of this Act, and (b) the obligation is unenforceable against him (or he repudiates the contract) because he was a minor when the contract was made,the guarantee shall not for that reason alone be unenforceable against the guarantor.