Building Industry Fairness (Security of Payment) Regulation 2018
sec.10HInformation for direction to trustee— Act , s 53B
Start here
Get a plain-English read of sec.10H
Turn the raw legal text into a practical explanation grounded in Building Industry Fairness (Security of Payment) Regulation 2018.
sec.10H Information for direction to trustee— Act , s 53B
For section 53B (3) of the Act , the following information is prescribed— that the direction is given under section 53B of the Act ; the following details of the trust account to which the direction relates— the name of the account; the name of the financial institution where the account is kept; the identifying number of the financial institution (BSB) where the account is kept; the account number for the account; the period within which the direction must be complied with ; the reason for giving the direction . s 10H ins 2020 SL No. 241 s 15
- (a) that the direction is given under section 53B of the Act ;
- (b) the following details of the trust account to which the direction relates— (i) the name of the account; (ii) the name of the financial institution where the account is kept; (iii) the identifying number of the financial institution (BSB) where the account is kept; (iv) the account number for the account;
- (i) the name of the account;
- (ii) the name of the financial institution where the account is kept;
- (iii) the identifying number of the financial institution (BSB) where the account is kept;
- (iv) the account number for the account;
- (c) the period within which the direction must be complied with ;
- (d) the reason for giving the direction .
- (i) the name of the account;
- (ii) the name of the financial institution where the account is kept;
- (iii) the identifying number of the financial institution (BSB) where the account is kept;
- (iv) the account number for the account;