QLDIn ForceAct
Building Industry Fairness (Security of Payment) Act 2017
sec.97ADefinitions for part
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### sec.97A Definitions for part
In this part—
financier means—
a financial institution; or
a person who, in the ordinary course of the person’s business, supplies finance for construction contracts.
head contractor means the contracted party for a contract that is not also a subcontract of another contract.
higher party , for an adjudicated amount, means—
if the claimant for the amount is a subcontractor—the person from whom an amount is or becomes payable to the respondent under an arrangement with the respondent for related work or services; or
if the claimant for the amount is a head contractor—the person who is the financier for the related work or services.
payment withholding request see section 97B (2) .
related work or services , for an adjudicated amount, means—
the construction work to which the adjudicated amount relates; or
the supply of related goods and services to which the adjudicated amount relates.
s 97A ins 2020 No. 24 s 73
- (a) a financial institution; or
- (b) a person who, in the ordinary course of the person’s business, supplies finance for construction contracts.
- (a) if the claimant for the amount is a subcontractor—the person from whom an amount is or becomes payable to the respondent under an arrangement with the respondent for related work or services; or
- (b) if the claimant for the amount is a head contractor—the person who is the financier for the related work or services.
- (a) the construction work to which the adjudicated amount relates; or
- (b) the supply of related goods and services to which the adjudicated amount relates.