📜 Building and Construction Industry (Security of Payment) Bill 2020
The Building and Construction Industry (Security of Payment) Bill 2020 aims to ensure contractors in the WA building and construction industry are paid fairly and on time by establishing a process for securing payments and resolving disputes.
Impact
This bill affects contractors, subcontractors, and principals in the building and construction industry in Western Australia. It aims to improve cash flow, protect retention money, and provide quicker dispute resolution, reducing the risk of insolvency and ensuring fairer payment practices.
Key Changes
Parliamentary Progress
- LA IntroducedLA23 Sept 2020
- LA Second Reading MovedLA23 Sept 2020
- LC AmendedLC5 Nov 2020
- LA Consideration in DetailLA5 Nov 2020
- LA AmendedLA5 Nov 2020
- LA Second Reading AgreedLA5 Nov 2020
- LA Third ReadingLA10 Nov 2020
- LC Second Reading MovedLC11 Nov 2020
Penalty Provisions3 found
Use or disclosure of confidential information
“116. Use or disclosure of confidential information”
threatening or intimidating claimants
“65. Offence: threatening or intimidating claimants”
failure to comply with certain requirements of this Part
“87. Offence for failure to comply with certain requirements of this Part”
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