Construction Contracts Act amendments introduced
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The Liberal National Government today introduced legislation into State Parliament to protect payments to subcontractors in the construction industry.
The Construction Contracts Act 2004 provides a useful mechanism for resolving contractual payment disputes and provides building contractors, subcontractors and suppliers with a right to be paid within a reasonable period of time, and a low cost method of enforcing that right.
Introducing the Construction Contracts Amendment Bill 2016, Small Business Minister Sean L'Estrange said the legislation was the first part of a 'whole of Government' approach to improving payment protection for subcontractors.
It will enhance the operation of the scheme and make it easier for subcontractors to access the rapid adjudication process for resolving construction payment disputes.
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