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(1)A contract to do something or not to do a particular thing, which is contingent on the happening of a specified or uncertain event within a specified time, becomes void where—
(a)at the expiration of the time fixed, the event has not happened; or
(b)before the time fixed, the happening of the event becomes impossible.
(2)A contract to do something or not to do a particular thing, which is contingent on the fact that a specified event or uncertain event does not happen within a fixed time, may be enforced—
(a)when the time fixed for the happening of the event expires and the event has not happened; or
(b)before the time fixed expires, where it becomes certain that the event will not happen.
You must understand that if a contract depends on a specific event happening within a set time, it becomes void if the event does not happen by the de...
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