62ZOExclusion of amounts of deposit or progress payment

#### 62ZO Exclusion of amounts of deposit or progress payment 62ZO Exclusion of amounts of deposit or progress payment > Despite clauses 62ZL and 62ZM, an alternative indemnity contract may contain a provision that excludes the provider from liability for the amount of any part of— > > > (a) a deposit that exceeds the amount permitted for such a deposit by section 8 of the Act, or > > > (b) a progress payment that exceeds the amount permitted for such a payment by section 8A of the Act, or > > > (c) if a deposit has not been paid, the amount of the deposit. > > **Parts 6B (cll 62A–62ZZC):** Ins 2017 (705), Sch 1 \[18\].