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QUEENSLAND BUILDING AND CONSTRUCTION COMMISSION ACT 1991 - SECT 67W
Void payment provision in commercial building contract
67W Void payment provision in commercial building contract
(1) A provision in a commercial building contract is void to the extent it
provides for payment of a progress payment by a contracting party to a
contracted party later than 15 business days after submission of a payment
claim.
(2) In this section—
"business day" means a day that is not— (a) a Saturday or Sunday; or
(b) a
public holiday, special holiday or bank holiday in the place in which any
relevant act is to be or may be done; or
(c) a day in the period from 22
December in a particular year to 10 January in the following year, both days
inclusive.
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