sec.67UVoid payment provision in construction management trade contract or subcontract

### sec.67U Void payment provision in construction management trade contract or subcontract A provision in a construction management trade contract or subcontract is void to the extent it provides for payment of a progress payment by a contracting party to a contracted party later than 25 business days after submission of a payment claim. In this section— business day means a day that is not— a Saturday or Sunday; or a public holiday, special holiday or bank holiday in the place in which any relevant act is to be or may be done; or a day in the period from 22 December in a particular year to 10 January in the following year, both days inclusive. s 67U ins 1999 No. 43 s 29 sub 2004 No. 6 s 113 sch 1 amd 2020 No. 24 s 131 (sec.67U-ssec.1) A provision in a construction management trade contract or subcontract is void to the extent it provides for payment of a progress payment by a contracting party to a contracted party later than 25 business days after submission of a payment claim. (sec.67U-ssec.2) In this section— business day means a day that is not— a Saturday or Sunday; or a public holiday, special holiday or bank holiday in the place in which any relevant act is to be or may be done; or a day in the period from 22 December in a particular year to 10 January in the following year, both days inclusive. - (a) a Saturday or Sunday; or - (b) a public holiday, special holiday or bank holiday in the place in which any relevant act is to be or may be done; or - (c) a day in the period from 22 December in a particular year to 10 January in the following year, both days inclusive.