Posted by LNA Master Landscapers Association
on 20 January 2016
Security of payment laws are designed to ensure that a person can receive payment under a construction contract for:
carrying out construction work; or
providing any goods and services related to that work.
Fair Trading has released a Discussion Paper to guide discussion about whether the current laws are working as they should and outline potential options for improving them. The paper covers topics including:
how payment claims are made
payment due dates and schedules
suspension of work when claims are not paid
adjudication of disputes
other issues concerning security of payment laws.
To view the discussion paper click here
To view an article which appeared in the latest Interior Fitout magazine, published by ASOFIA click here
We encourage Members who would like to have their say to put their ideas forward. Submissions can be made by:
Email to: firstname.lastname@example.org
Security of Payment Review
Policy and Legislation
NSW Fair Trading
PO Box 972
PARRAMATTA NSW 2124
Submissions on the Discussion Paper close at 5pm on 26 February 2016.