Document background
The Short Form Novation Letter is designed for situations where parties need to efficiently transfer rights and obligations under an existing contract in Australian jurisdictions. It serves as a more streamlined alternative to a full novation deed, particularly suitable for straightforward novations where the underlying commercial arrangement remains largely unchanged. This document type is commonly used in corporate restructures, business sales, or project reassignments where one party needs to step into the shoes of another. The letter format maintains legal effectiveness while reducing complexity, though it should only be used when the novation terms are relatively simple and uncontroversial. It must comply with Australian contract law principles and any relevant state-specific requirements for novation arrangements.
