Security Of Payment Act Information
Before you make a Claim under the Act find all the common questions answered here.
Is it essential to have the following statement on your invoice for it to be considered a legally binding Payment Claim under the NSW Building & Construction Industry Security Of Payment Act?
“This is a Payment Claim made under the Building & Construction Industry Security Of Payment Act NSW 1999″
Answer: YES it is.
The Act states in Section 13, Sub-section 2, Paragraph (a) that a Payment Claim “must state that it is made under this Act.”
But the first question is: should all your invoices be legally binding payment claims or just some?
Give us a call and we will explain what is best in each and every circumstance.
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