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BUILDING INDUSTRY FAIRNESS (SECURITY OF PAYMENT) ACT 2017 - SECT 15D
Contracts for maintenance work
(1) A project trust is not required for a contract if the only
project trust work to be carried out under the contract is maintenance work.
(2) In this section—
"maintenance work" — (a) means— (i) testing; and
(ii) taking samples and
restoring the sample site; and
(iii) work required on an ongoing basis to—
(A) prevent deterioration or failure of a thing; or
(B) restore a thing to
its correct operating specifications; or
(C) replace a component at the end
of its working life; but
(b) does not include— (i) improving a building to
increase its capabilities or functions; or
(ii) improving a building to meet
new statutory requirements applying to the building; or
(iii) a refurbishment
or replacement of a building that extends the life of the building.
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