On 9 April 2014, the Department of Housing and Public Works released a fact sheet which detailed significant amendments to the Building and Construction Industry Payments Act 2004 (Qld) (BCIP Act). A summary is set out in our previous Construction Alert, available here.
Last week, the Government introduced the relevant Bill into Parliament which specifically details the amendments. The introduction of the Bill eases much of the conjecture which has existed in the Queensland building and construction industry since the Government first announced the scope of the reforms earlier this year.
The changes to the BCIP Act which are set out in the Bill are closely in line with the changes recently foreshadowed by the Government.View PDF