Security of Payment in the New South Wales Building and Construction Industry by Vikram N Misra ISBN 9780455501765, 9780455501772, 0455501769, 0455501777 instant download

Security of Payment in the New South Wales Building and Construction Industry by Vikram N Misra ISBN 9780455501765, 9780455501772, 0455501769, 0455501777 instant download

Security of Payment in the New South Wales Building and Construction Industry Seventh Edition, provides expert analysis of the security of payment regime and has been thoroughly revised and updated to capture NSW case law and legislative developments since 2016. Using the New South Wales Act as its cue, this annotation analyses the law and its detailed commentary captures the specialised insights of an expert in the field. The Seventh Edition captures many significant new developments since the previous release in 2017. Legislative changes include: - removal of the concept of reference dates from the Act; - reinstatement of the requirement to state that a payment claim is made under the Act; - power to set aside the determination in whole or in part; - restriction on a corporation in liquidation serving a payment claim/enforcing a payment claim or an adjudication determination; - removal of the owner-occupier construction contract exemption; and - inclusion of a restriction on the right of entitlement to a progress payment where the builder is unlicensed or requisite insurance under the Home Building Compensation Fund is not taken out.