๐ Construction Contracts Bill 2004
Assented toLABill 2713 March 2004
The Construction Contracts Bill 2004 aims to improve payment practices in the WA building and construction industry by prohibiting certain contract provisions, implying fair terms into unwritten contracts, clarifying rights regarding unfixed materials during insolvency, and establishing a rapid adjudication process for payment disputes.
Impact
The bill affects builders, contractors, subcontractors, and principals involved in construction projects in Western Australia. It aims to ensure timely payments, reduce disputes, and provide a quicker resolution process, promoting financial stability within the industry.
Key Changes
["Prohibits 'pay if paid' clauses in construction contracts.", "Implies fair payment terms into construction contracts that are not in writing.", "Clarifies the right to deal in unfixed materials when a party becomes insolvent.", "Establishes a rapid adjudication process for payment disputes."]
Parliamentary Progress
- LA IntroducedLA3 Mar 2004
- LA Second Reading MovedLA3 Mar 2004
- LA Second Reading AgreedLA31 Mar 2004
- LA Third ReadingLA7 Apr 2004
- LA Consideration in DetailLA7 Apr 2004
- LC Second Reading MovedLC8 Apr 2004
- LC Second Reading AgreedLC24 June 2004
- LC AmendedLC25 June 2004
- LC Third ReadingLC25 June 2004
Affected Sectors
construction
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