Western Australian Current Acts

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BUILDING AND CONSTRUCTION INDUSTRY (SECURITY OF PAYMENT) ACT 2021 - SECT 80

80 .         Power to employ agents

        (1)         The party to a construction contract who established and operates a retention money trust account may employ, or otherwise engage, an agent to act on behalf of the party in making payments of money held on trust or doing other acts relating to the administration of the account.

        (2)         The party is liable for the acts and defaults of its agent as if they were the party’s own acts and defaults.

        (3)         The costs of employing or otherwise engaging an agent are not recoverable from a retention money trust account or from any of the other beneficiaries of the trust.



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