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BUILDING INDUSTRY FAIRNESS (SECURITY OF PAYMENT) ACT 2017 - SECT 100B
Registering charge over property for unpaid adjudicated amount
100B Registering charge over property for unpaid adjudicated amount
(1) This section applies if— (a) the claimant for an adjudication
application is a head contractor; and
(b) an adjudicator decides the
respondent for the adjudication application is required to pay an adjudicated
amount; and
(c) the respondent does not pay the adjudicated amount as
required under section 90 ; and
(d) the claimant files the adjudication
certificate as a judgment for a debt under section 93 ; and
(e) the
respondent, or a related entity for the respondent, is the registered owner of
the relevant property.
(2) The claimant may request a charge over the
relevant property, by way of a security interest providing security to the
claimant for payment of the adjudicated amount, be registered by lodging all
of the following documents with the registrar of titles— (a) a request to
register the charge over the lot made in the appropriate form;
(b) the
adjudication certificate;
(c) a statutory declaration, made by or on behalf
of the claimant, stating— (i) the lot on plan description of the relevant
property; and
(ii) that the adjudicated amount has not been paid to the
claimant; and
(iii) if the registered owner is a related entity for the
respondent—that the registered owner is a related entity for the respondent.
(3) The registrar of titles may rely on the information provided by the
claimant under subsection (3) to register the charge.
(4) In this section—
"lot" see the Land Title Act 1994 , schedule 2 .
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