10Terms of contracts to which section 8A of the Act applies

#### 10 Terms of contracts to which section 8A of the Act applies 10 Terms of contracts to which section 8A of the Act applies > > (1) For the purposes of section 7E (2) (b) of the Act, a relevant contract entered into on or after 1 March 2015 must not contain a term that provides that residential building work under the contract was taken to have commenced prior to residential building work being performed on the land to which the contract relates. > > > > Note. > > > > The above subclause limits the terms that can be included in certain contracts to do residential building work. It does not limit terms in a contract that relate to associated work that is not residential building work. > > > (2) In this clause— > > > > relevant contract means a contract to do residential building work where the contract price exceeds $20,000 or (if the contract price is not known) the reasonable market cost of the labour and materials involved exceeds $20,000.