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Building Industry Fairness (Security of Payment) Regulation 2018
sch.1AA-sec.1-oc.4Notice about withdrawal to make a payment to a subcontractor beneficiary
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sch.1AA-sec.1-oc.4 Notice about withdrawal to make a payment to a subcontractor beneficiary
The following information must be included in the notice— the amount that was or is to be paid to the beneficiary; identification of the payment claim for the payment, if any; the name of the account (the payment account ) the payment was or is to be paid to; the identifying number of the financial institution (BSB) where the payment account is kept; the account number, at the financial institution, for the payment account; the date the payment was or is to be paid.
- (a) the amount that was or is to be paid to the beneficiary;
- (b) identification of the payment claim for the payment, if any;
- (c) the name of the account (the payment account ) the payment was or is to be paid to;
- (d) the identifying number of the financial institution (BSB) where the payment account is kept;
- (e) the account number, at the financial institution, for the payment account;
- (f) the date the payment was or is to be paid.