Queensland Numbered Acts

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BUILDING INDUSTRY FAIRNESS (SECURITY OF PAYMENT) AND OTHER LEGISLATION AMENDMENT ACT 2024 - SECT 31

Amendment of s 20 (All payments to subcontractor beneficiaries to be paid from project trust account)

31 Amendment of s 20 (All payments to subcontractor beneficiaries to be paid from project trust account)

(1) Section 20 (1)
omit.
(2) Section 20 (2) , ‘may only pay the amount to the subcontractor beneficiary’—
omit, insert—
for a project trust contract may only pay an amount to a subcontractor beneficiary of the project trust
(3) Section 20 (4) , ‘ subsection (2) (b) ’—
omit, insert—
subsection (1)(b)
(4) Section 20 (2) to (5)
renumber as section 20 (1) to (4) .



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