49CRequirements for the payment of money

49C Requirements for the payment of money (1) A dispute resolution order may require— (a) a building owner to pay an amount to the builder for completion of the domestic building work under the contract or any part of the contract; or S. 49C(1)(ab) inserted by No. 47/2019 s. 19. (ab) a builder to pay an amount of money to the building owner for completion or rectification of the domestic building work under the contract or any part of the contract; or S. 49C(1)(ac) inserted by No. 47/2019 s. 19. (ac) a builder to pay an amount of money to the building owner in relation to a claim or entitlement arising under the domestic building contract or any part of the contract; or (b) a building owner to pay an amount of money into the Domestic Building Dispute Resolution Victoria Trust Fund to be paid to the builder on completion of the domestic building work under the contract or any part of the contract; or (c) the builder to pay the reasonable cost of domestic building work to be carried out by another builder appointed by the building owner if a dispute resolution order— (i) requires a builder to rectify or complete the domestic building work; and (ii) includes a finding that the domestic building work carried out by the builder is so defective that it would not be appropriate to allow the builder to rectify or complete the work. (2) A dispute resolution order issued under this section may impose conditions that must be met by another party to the domestic building work dispute before the requirement to pay money takes effect. S. 49D inserted by No. 15/2016 s. 6.