Page 6 - Payment Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PROCEDURE - CIVIL PROCEEDINGS IN STATE AND TERRITORY COURTS - COSTS - OFFERS OF COMPROMISE, PAYMENTS INTO COURT AND SETTLEMENTS - OFFER OF COMPROMISE OR OFFER TO SETTLE OR CONSENT TO JUDGMENT PURSUANT TO RULES - GENERALLY - where there was a claim and counterclaim - where the appellant made an "all-up" offer to settle "all claims in the proceeding" which was expressed to be under ch 9 pt 5 of the Uniform Civil Procedure Rules 1999 ( the Rules) - where the offer did not distinguish between the claim and counterclaim - where the trial judge held that rr 360 and 361 of the Rules did not apply to...

The new  Building and Construction Industry Security of Payment Regulation 2020 ( New Regulation) commenced on 1 September 2020 (except for Schedule 2 which will commence on 1 March 2021). The New Regulation repeals the  Building and Construction Industry Security of Payment Regulation 2008 and is designed to better facilitate and support the administrative functions of the  Building and Construction Industry Security of Payment Act 1999 ( the SOP Act). Exempt residential construction contracts Owner occupier construction contracts are contracts where the homeowners intend to the live i...

In the media Joint effort needed to improve remote-area waste streams: APCO Greater collaboration will be necessary to ensure packaging and plastic waste in remote and regional areas are properly managed in future, a new report says. The report is part of APCO's work with all governments to meet the 2025 National Packaging Targets and to deliver on the commitments outlined in the National Waste Policy Action Plan (03 December 2020).  More... Placing a value on wetlands ‘will improve coastal planning' Local government planners sometimes fail to appreciate that valuations of coastal wetlands...

Introduction Whilst the Australian economy is technically out of recession, there remain many businesses struggling to manage cash flow. For those in the construction industry, the  Building and Construction Industry Security of Payment Act (1999) NSW ( SOP Act) is a powerful piece of legislation that creates rights and obligations, in addition to those created under the construction contract, to provide a quick, low cost payment claim recovery regime. The SOP Act is designed to provide payment to any person who undertakes to carry out construction work or related goods and services under a...