Read time: 14 minutes
The Building Industry Fairness (Security of Payment) Act 2017 (Qld) (the Act) covers:
- progress payments (under Chapter 3) (previously covered under the now repealed Building and Construction Industry Payments Act 2004 (Qld))
- statutory trusts (under Chapter 2), and
- subcontractors' charges (under Chapter 4) (previously covered under the now repealed Subcontractors' Charges Act 1974 (Qld)).