7.5 Exemption clauses

Exemption clauses, also known as exclusion clauses or limitation clauses, are contractual provisions that seek to limit or exclude a party’s liability for certain types of losses or damages that may arise from a breach of contract or other contractual disputes. These clauses are commonly found in various types of contracts, including commercial agreements, consumer contracts, and service contracts.

Exemption clauses can take several forms, including:

• Exclusion clauses: These clauses aim to exclude liability entirely for certain types of losses or breaches.
• Limitation clauses: These clauses restrict the amount or extent of liability for specified losses or breaches.
• Indemnity clauses: These clauses require one party to compensate the other for losses or damages incurred in certain circumstances.