Queensland Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BUILDING INDUSTRY FAIRNESS (SECURITY OF PAYMENT) ACT 2017 - SECT 97A

Definitions for part

97A Definitions for part

In this part—

"financier" means—

(a) a financial institution; or
(b) a person who, in the ordinary course of the person’s business, supplies finance for construction contracts.

"head contractor" means the contracted party for a contract that is not also a subcontract of another contract.

"higher party" , for an adjudicated amount, means—
(a) if the claimant for the amount is a subcontractor—the person from whom an amount is or becomes payable to the respondent under an arrangement with the respondent for related work or services; or
(b) if the claimant for the amount is a head contractor—the person who is the financier for the related work or services.

"payment withholding request" see section 97B (2) .

"related work or services" , for an adjudicated amount, means—
(a) the construction work to which the adjudicated amount relates; or
(b) the supply of related goods and services to which the adjudicated amount relates.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback