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CONTRACTORS DEBTS ACT 1997 - SECT 15 Defaulting contractor to give information concerning principal

CONTRACTORS DEBTS ACT 1997 - SECT 15

Defaulting contractor to give information concerning principal

15 Defaulting contractor to give information concerning principal

(1) If a debt certificate is issued in respect of a debt owed by a defaulting contractor, the defaulting contractor must, on the demand of any person to whom the defaulting contractor owes money for work or materials, supply to the person a notice in an approved form that sets out the name of any person from whom the person may be able to recover the debt under this Act.
Maximum penalty: 20 penalty units.
(2) A person who gives or purports to give a person a notice under this section knowing that it is false or misleading in a material particular is guilty of an offence.
Maximum penalty: 20 penalty units.