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BUILDING INDUSTRY FAIRNESS (SECURITY OF PAYMENT) ACT 2017 - SECT 25
Contracted party to report related entities
(1) This section applies if— (a) a project trust is established for a
contract; and
(b) the contracted party enters into a subcontract with a
related entity for the party.
(2) The contracted party must, using an
approved way, inform the commissioner about entering into the subcontract with
the related entity within 5 business days after entering into the subcontract.
Penalty— Maximum penalty—200 penalty units.
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