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Building Industry Fairness (Security of Payment) Act 2017
sec.10CReferences to particular terms in this part
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### sec.10C References to particular terms in this part
In this part—
a reference to a contract in association with a reference to a project trust is a reference to the contract for which the trust is required; and
a reference to a contracting party in association with a reference to a project trust is a reference to the contracting party for the contract for which the trust is required; and
a reference to a contracted party in association with a reference to a project trust is a reference to the contracted party for the contract for which the trust is required; and
a reference to a trustee in association with a reference to a project trust, or a project trust contract, is a reference to the trustee for the project trust; and
a reference to a subcontract in association with a reference to a project trust is a reference to a subcontract of the contract for which the trust is required; and
a reference to a subcontractor beneficiary in association with a reference to a project trust is a reference to a subcontractor beneficiary for the trust; and
a reference to a trustee in association with a reference to a project trust account is a reference to the trustee for the trust to which the account relates.
s 10C ins 2020 No. 24 s 63
amd 2024 No. 14 s 21
- (a) a reference to a contract in association with a reference to a project trust is a reference to the contract for which the trust is required; and
- (b) a reference to a contracting party in association with a reference to a project trust is a reference to the contracting party for the contract for which the trust is required; and
- (c) a reference to a contracted party in association with a reference to a project trust is a reference to the contracted party for the contract for which the trust is required; and
- (d) a reference to a trustee in association with a reference to a project trust, or a project trust contract, is a reference to the trustee for the project trust; and
- (e) a reference to a subcontract in association with a reference to a project trust is a reference to a subcontract of the contract for which the trust is required; and
- (f) a reference to a subcontractor beneficiary in association with a reference to a project trust is a reference to a subcontractor beneficiary for the trust; and
- (g) a reference to a trustee in association with a reference to a project trust account is a reference to the trustee for the trust to which the account relates.