Recoup debt recovery

Contractor Debt Recovery

Debt Collection Specialists for Building and Construction Contractors

Contact Recoup Contractor Debt Recovery

Recoup Contractor Debt Recovery

Debt Collection Specialists for Building and Construction Contractors

Contact

Recoup Contractor Debt Recovery

Debt Collection Specialists for Building and Construction Contractors

Contact Recoup Contractor Debt Recovery

 

Fact or Fiction? Expert Technical Advice

Is it essential to have the following statement on your invoice for it to be considered a legally binding Payment Claim under the Building & Construction Industry Security of Payment Act NSW?

“This is a Payment Claim made under the Building & Construction Industry Security of Payment Act 1999″

Answer: YES it is.

The NSW Act states in Section 13, Sub-section 2, Paragraph (a) that a Payment Claim “must state that the Payment Claim is made under this Act.”

But the first question is: should all your invoices be legally binding payment claims under the Act or just some?

Give us a call and we will explain what is best in each and every circumstance.

Also, call us for the correct wording for this statement for each respective state’s legislation.

Subscribe to our Newsletter and we will keep you updated on issues that are relevant and important to your business.

Phone 1300 732 687