Compliance Overview

Compliance Framework
Compliance Driver Building and Construction Industry Security of Payment Act 1999 (NSW)
Classification Level 3
Centrally managed, local area(s) requirement.
Associated Legislation None
Associated Standards None
Associated Codes None
Associated Information None
Return to Top Administrative Information
Administrative Body NSW Fair Trading
Administrative Name
Administrative Address Physical Address
Head Office
60 station Street
Parramatta NSW
Australia, 2150
Mailing Address
P.O. Box 972
Parramatta NSW
2124
Physical Address
Armidale Service Centre
169 Rusden Street
Armidale NSW
Australia, 2350
Administrative Phone 13 32 20
02 9895 0111
Administrative Email  
Administrative Website http://www.fairtrading.nsw.gov.au/ftw/Tradespeople/Building_industry_essentials/Security_of_payment.page
Return to Top General Introduction
VC Compliance Delegate Meredith Parry, Chief Operating Officer
Compliance Coordinator Jo Scanlan, Director Estate and Built Environment
Business Units Impacted
  • Accounting
  • Estate and Built Environment
  • Legal Services
  • Office of the Chief Financial Officer
  • Office of the Chief Operating Officer
  • Procurement
Overview The object of the Building and Construction Industry Security of Payment Act 1999 is to ensure that any person who undertakes to carry out construction work (or who undertakes to supply related goods and services) under a construction contract is entitled to receive, and is able to recover, progress payments in relation to the carrying out of that work and the supplying of those goods and services.

Compliance Obligations

Return to Top Comply with Legislation
Description Payments are to be made in accordance with the Act.
Impacts
Responsible Manager Jo Scanlan, Director Estate and Built Environment
Coordinating Officer Meredith Butler, Associate Director Capital Asset Management
Coordinating Unit Estate and Built Environment
Oversight Committee/Group FMS Compliance Coordinator
Business Units Impacted
  • Accounting
  • Estate and Built Environment
  • Legal Services
  • Office of the Chief Financial Officer
  • Office of the Chief Operating Officer
Obligation Framework
Associated Legislation None
Associated Standard None
Associated Code None
Associated Information None
Management Tools
Rule None
Policy None
Procedure None
Guideline None
Other Websites