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📜 Building and Construction Industry (Security of Payment) Act 2021 Commencement Proclamation 2022
ProclamationSL 2022/7817 June 2022
This proclamation sets the commencement dates for different parts of the Building and Construction Industry (Security of Payment) Act 2021. It specifies when various sections of the Act will come into operation, spread across August 2022, February 2023, and February 2024.
The proclamation affects building and construction industry participants by phasing in the new security of payment legislation. Businesses need to be aware of the different commencement dates to ensure compliance with the new requirements as they come into effect.
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