Northern Territory Consolidated Acts Northern Territory Consolidated Acts42. Progress payment under determination to be on account
(1) This section applies if -
(a) an appointed adjudicator -
(i) determines a payment dispute concerning a claim by a contractor for payment for part performance of its obligations under the contract but not for a final payment by the principal; and
(ii) determines that the principal must pay the contractor an amount for the claim; and
(b) the principal, in accordance with the determination, pays the amount.
(2) Payment of the amount is taken to be an advance towards the total amount payable under the contract by the principal to the contractor.