Cyrus is feeling overwhelmed by the vicissitudes of this world and decides to enter a religious order called The brotherhood of the covetous lads of which the brother superior is Mr Fallacious. In accordance with his vows of poverty, Cyrus is asked to give substantial sums of money, a total of $ 320,000 AUD) to Mr Fallacious for the purpose of the order. Six months after joining the order, Cyrus met Victor and fell madly in love with him. He decides to leave the order to marry his beloved and asks Mr Fallacious for his property to be returned to him. Mr Fallacious refuses. Cyrus id very upset as he needs the money to purchase a house for him and his partner.

Assume that you are Cyrus solicitor and that he has asked you for legal advice. Advise him as to what contractual liability, if any, he has in the above circumstances, citing relevant statute and case law authority, using the ILAC format.