BUILDING AND CONSTRUCTION INDUSTRY SECURITY OF PAYMENT REGULATION 2008 - REG 12 Closure of trust account
BUILDING AND CONSTRUCTION INDUSTRY SECURITY OF PAYMENT REGULATION 2008 - REG 12
Closure of trust account12 Closure of trust account
A head contractor must, within 14 days after closing a retention money trust account, notify the Secretary of the closure in writing.
: Maximum penalty--200 penalty units.