Security of Payment Legislation definition

Security of Payment Legislation means the Malaysian Constructions Industry Payment and Adjudication Act (CIPAA)

Security of Payment Legislation. Means: Building and Construction Industry Security of Payment Act 1999 (NSW);

Security of Payment Legislation means the Building Industry Fairness (Security of Payment) Act 2017 (Qld) and any associated subordinate legislation;' Insert a new definition of 'specified loss': 'specified loss means:

Examples of Security of Payment Legislation in a sentence

• In the case of late payments - the greater of: (a) the rate in paragraph (1); and (b) the rate of interest prescribed under any applicable Security of Payment Legislation.

• The Contractor must not at any time, without the written consent of the Commonwealth, divulge or suffer or permit its servants, subcontractors or agents to divulge to any person any communication, submission or statement made or evidence or information used by or relied upon by the Commonwealth or any details thereof in respect of an adjudication application made under the relevant Security of Payment Legislation (in this paragraph, the Information).

• The Consultant must not at any time, without the written consent of the Commonwealth, divulge or suffer or permit its servants, subconsultants or agents to divulge to any person any communication, submission or statement made or evidence or information used by or relied upon by the Commonwealth or any details thereof in respect of an adjudication application made under the relevant Security of Payment Legislation (in this paragraph, the Information).

• The Subcontractor must not at any time, without the written consent of the Contractor, divulge or suffer or permit its servants, subsubcontractors or agents to divulge to any person any communication, submission or statement made or evidence or information used by or relied upon by the Contractor or any details thereof in respect of an adjudication application made under the relevant Security of Payment Legislation (in this paragraph, the Information).

• The Contractor agrees that the amount stated in the payment statement as then payable by the Commonwealth to the Contractor under clause 12.4(e) is, subject to clause 12.16, to the extent permitted by and for the purposes of the relevant Security of Payment Legislation, the amount of the "progress payment" calculated in accordance with the terms of the Contract and which the Contractor is entitled to be paid in respect of the Contract.

More Definitions of Security of Payment Legislation

Security of Payment Legislation means the Building and Construction Industry (Security of Payment) Xxx 0000 (ACT) or any amendment or replacement of the same.

Security of Payment Legislation means the Construction Contracts Act 2004 (WA).

Security of Payment Legislation means the Building Industry Fairness (Security of Payment) Act 2017 (Qld) (BIF Act), Building and Construction Industry Security of Payment Act 1999 (NSW)

Security of Payment Legislation means the Building and Construction Industry Security of Payment Act 1666 (NSW) and the Building and Construction Industry Security of Payment Regulation 2001 (NSW).

Security of Payment Legislation means the security of payment legislation applicable in the state or territory stated in item 9.

Security of Payment Legislation means, if the Site in which the Project is being carried out, is in:

Security of Payment Legislation means, if the Site in which the Project is being carried out, is in:a Victoria, the Building and Construction Industry Security of Payment Act 2002 (Vic);b New South Wales, the Building and Construction Industry Security of Payment Act 1999 (NSW);c Queensland, the Building Industry Fairness (Security of Payment) Act 2017 (Qld);d Western Australia, the Building and Construction Industry (Security of Payment) Act 2021 (WA);e Australian Capital Territory, the Building and Construction Industry (Security of Payment) Act 2009 (ACT);f South Australia, the Building and Construction Industry Security of Payment Act 2009 (SA);g Northern Territory, the Construction Contracts (Security of Payment) Act 2004 (NT); orh Tasmania, the Building and Construction Industry Security of Payment Act 2009 (Tas),and the subordinate legislation issued pursuant to that Act and other similar security of payment legislation in effect from time to time.