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.
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