The Building and Construction Industry Payments Act
2004 ("BCIPA") underwent
significant amendments which were passed by Parliament on 11
September 2014.
- CLICK
HERE TO VEIW OUR EARLIER ARTICLE ON THE AMENDMENTS
FURTHER AMENDMENTS
Since we last reported on the amendments to the BCIPA, the
Queensland Government has passed further amendments in answer to
concerns raised by stakeholders regarding timeframes and their
application to construction contracts existing prior to the
amendments coming into force.
The latest changes are as follows:
- DEFINITION OF "BUSINESS DAY":
The 2014 amendments included a new definition of "Business
Day" to the effect that the period between 22 December and 10
January are not "Business Days" for the purpose of
calculating the timeframes under the BCIPA. The BCIPA now makes it
clear that the definition of Business Day applies to all payment
claims (and subsequent adjudications) issued after 15 December
2014, regardless of