Building and Construction Industry Ammendment
1. Require a Head Contractor when making a Payment Claim to accompany it with a Full Statement of the claim and a Statutory Declaration that all Sub Contractors have been paid the amounts due and payable for the relevant construction work.
A failure by a Head Contractor to serve such a Statement is potentially a criminal offence.
2. For any Commercial Building Contract it is not necessary for a Payment Claim to be endorsed in the manner under the old Act. A Payment Claim, whether or not it is endorsed, for a Commercial Payment remains valid.
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Cronulla NSW 2230