NSWIn ForceAct
Building and Construction Industry Security of Payment Act 1999
3Object of Act
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#### 3 Object of Act
3 Object of Act
> > (1) The object of this Act is to ensure that any person who undertakes to carry out construction work (or who undertakes to supply related goods and services) under a construction contract is entitled to receive, and is able to recover, progress payments in relation to the carrying out of that work and the supplying of those goods and services.
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> > (2) The means by which this Act ensures that a person is entitled to receive a progress payment is by granting a statutory entitlement to such a payment regardless of whether the relevant construction contract makes provision for progress payments.
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> > (3) The means by which this Act ensures that a person is able to recover a progress payment is by establishing a procedure that involves—
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> > > (a) the making of a payment claim by the person claiming payment, and
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> > > (b) the provision of a payment schedule by the person by whom the payment is payable, and
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> > > (c) the referral of any disputed claim to an adjudicator for determination, and
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> > > (d) the payment of the progress payment so determined.
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> > (4) It is intended that this Act does not limit—
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> > > (a) any other entitlement that a claimant may have under a construction contract, or
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> > > (b) any other remedy that a claimant may have for recovering any such other entitlement.
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> **s 3:** Am 2002 No 133, Sch 1 \[1\]–\[4\].