QLDIn ForceAct
Building Industry Fairness (Security of Payment) Act 2017
sec.9Meaning of contract price
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### sec.9 Meaning of contract price
The contract price , for a contract, means the amount the contracted party is entitled to be paid under the contract or, if the amount can not be accurately calculated, the reasonable estimate of the amount the contracted party is entitled to be paid under the contract.
In working out the amount under subsection (1) , an amount for GST is not to be included.
s 9 amd 2018 No. 17 s 176D
sub 2020 No. 24 s 63
(sec.9-ssec.1) The contract price , for a contract, means the amount the contracted party is entitled to be paid under the contract or, if the amount can not be accurately calculated, the reasonable estimate of the amount the contracted party is entitled to be paid under the contract.
(sec.9-ssec.2) In working out the amount under subsection (1) , an amount for GST is not to be included.