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BUILDING INDUSTRY FAIRNESS (SECURITY OF PAYMENT) ACT 2017 - SECT 14B
Multiple contracts at same site or adjacent sites
14B Multiple contracts at same site or adjacent sites
(1) This section applies if— (a) the same parties enter into 2 or more
separate contracts; and
(b) the separate contracts are for carrying out
project trust work at the same site or adjacent sites.
(2) The separate
contracts are taken to be a single contract (the
"larger contract" ) for the purpose of applying this division. Example— The
larger contract would be eligible for a project trust if the contract would be
eligible for a project trust under section 14 .
(3) To remove any doubt, it
is declared that the exemptions under subdivision 3 apply only to the
larger contract and not to the separate contracts. Note— If the separate
contracts are for small scale residential construction work under section 15C
, the exemption under section 15C does not apply to exclude the separate
contracts from being taken to be a single contract under subsection (2) .
(4) This section does not apply to separate contracts entered into as a result
of separate tender processes.
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