Section 709: Governing law of contract to be as determined by parties

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1) The governing law of any contract shall be as determined in the contract by its parties.

2) If no law is determined pursuant to sub-section (1), such a contract shall be governed by the law of the country of its performance, and if even such a country cannot be ascertained, by the law of the country where it was concluded.

Provided that a contract concluded in Nepal shall be governed by the law of Nepal.

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Section 709: Governing law of contract to be as determined by parties

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