CONTRACTORS DEBTS ACT 1997 - SECT 9
Payment of defaulting contractor's debt by principal
CONTRACTORS DEBTS ACT 1997 - SECT 9
Payment of defaulting contractor's debt by principal
(1) After a notice of claim is served on a principal in accordance with this
Part, the principal must pay the money owed to the defaulting contractor to
the unpaid person.
(2) The principal must make the payments to the
unpaid person as they become payable under the contract with the
defaulting contractor until whichever of the following first occurs: (a) the
principal receives a discharge notice, or discharge notices, indicating that
the certified debt has been fully discharged, or
(b) the payments are no
longer payable under the contract.