sec.109Charges in favour of subcontractors

### sec.109 Charges in favour of subcontractors Each subcontractor for the contract is entitled to a charge over money payable to— the contractor under the contract; or another subcontractor under a higher subcontract. Also, if payment can not be satisfied by a charge mentioned in subsection (1) , the subcontractor is entitled to a charge on any security for the contract or higher subcontract. However, a security for the contract or higher subcontract is only available to the extent— of the security’s maximum possible value for securing performance of the contract or higher subcontract; and it is not required to be used for securing the performance of the contract or higher subcontract. A charge mentioned in subsection (1) or (2) is a subcontractor’s charge . A subcontractor’s charge secures payment in accordance with the subcontract of all money that is payable, or is to become payable, to the subcontractor for the subcontracted work. (sec.109-ssec.1) Each subcontractor for the contract is entitled to a charge over money payable to— the contractor under the contract; or another subcontractor under a higher subcontract. (sec.109-ssec.2) Also, if payment can not be satisfied by a charge mentioned in subsection (1) , the subcontractor is entitled to a charge on any security for the contract or higher subcontract. (sec.109-ssec.3) However, a security for the contract or higher subcontract is only available to the extent— of the security’s maximum possible value for securing performance of the contract or higher subcontract; and it is not required to be used for securing the performance of the contract or higher subcontract. (sec.109-ssec.4) A charge mentioned in subsection (1) or (2) is a subcontractor’s charge . (sec.109-ssec.5) A subcontractor’s charge secures payment in accordance with the subcontract of all money that is payable, or is to become payable, to the subcontractor for the subcontracted work. - (a) the contractor under the contract; or - (b) another subcontractor under a higher subcontract. - (a) of the security’s maximum possible value for securing performance of the contract or higher subcontract; and - (b) it is not required to be used for securing the performance of the contract or higher subcontract.