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Building Industry Fairness (Security of Payment) Act 2017
sec.218Amendment of s 32 (When retention trust required)
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### sec.218 Amendment of s 32 (When retention trust required)
Section 32 (6) , definition withholding contract —
omit, insert—
withholding contract means—
a project trust contract; or
a project trust subcontract; or
any other subcontract for subcontracting work that contributes to the performance of a project trust contract.
s 218 sub 2020 No. 24 s 83 ; 2024 No. 14 s 53
- (a) a project trust contract; or
- (b) a project trust subcontract; or
- (c) any other subcontract for subcontracting work that contributes to the performance of a project trust contract.