7AAAForm of contracts (small jobs)

#### 7AAA Form of contracts (small jobs) 7AAA Form of contracts (small jobs) > > (1) This section applies to a contract only if the contract is not one to which section 7 applies and the contract price exceeds the prescribed amount or (if the contract price is not known) the reasonable market cost of the labour and materials involved exceeds the prescribed amount. The prescribed amount is the amount prescribed by the regulations for the purposes of this section and is inclusive of GST. > > > (2) A contract must be in writing and be dated and signed by or on behalf of each of the parties to it. > > > (3) A contract must contain— > > > > > (a) the names of the parties, including the name of the holder of the contractor licence shown on the contractor licence, and > > > > > (b) the number of the contractor licence, and > > > > > (c) a description of the work to which the contract relates, and > > > > > (d) any plans and specifications for the work, and > > > > > (e) the contract price if known. > > > (4) The contract must comply with any requirements prescribed by the regulations for the purposes of a contract to which this section applies. > > > (5) This section does not apply to— > > > > > (a) a contract that is made between parties who each hold a contractor licence and is for work that each party’s contractor licence authorises the party to contract to do, or > > > > > (b) a contract to do specialist work that is not also residential building work. > > > > Note. > > > > The exception in paragraph (a) applies to a subcontracting arrangement between licensees, and to a contract between licensees for work to be done on premises that one of the licensees owns. > > **s 7AAA:** Ins 2011 No 52, Sch 1 \[8\]. Am 2014 No 24, Sch 1 \[13\].