3(1)Despite anything in the Financial Administration Act, a project company that is a party to a concession agreement with the New Brunswick Highway Corporation respecting the Fredericton – Moncton Highway and an assignee of such a project company, whether an assignee by way of security or otherwise, may assign in writing, in whole or in part, by way of security or otherwise, the sums due or becoming due

3(2)Despite anything in the Financial Administration Act, if an assignment of a sum of money referred to in paragraph (1)(a) or (b) is made by a project company, the Comptroller, the New Brunswick Highway Corporation and the Province shall have no right to retain, by way of deduction or set-off out of any sum of money referred to in either of those paragraphs that may be due or payable by the New Brunswick Highway Corporation or the Province, the amount of any indebtedness by the project company to the New Brunswick Highway Corporation or the Province.