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BUILDING INDUSTRY FAIRNESS (SECURITY OF PAYMENT) ACT 2017 - SECT 128 Contractor given copy of notice of claim must respond

BUILDING INDUSTRY FAIRNESS (SECURITY OF PAYMENT) ACT 2017 - SECT 128

Contractor given copy of notice of claim must respond

128 Contractor given copy of notice of claim must respond

(1) This section applies if a subcontractor gives a contractor a copy of a notice of claim.
(2) The contractor must give both of the following persons a written response to the claim within 10 business days after the contractor is given the copy of the notice of claim, unless the contractor has a reasonable excuse—
(a) the person given the notice of claim;
(b) the subcontractor.
Penalty—
Maximum penalty—20 penalty units.
(3) The response to the claim must be made in the approved form and—
(a) accept liability to pay the amount claimed; or
(b) accept liability to pay an amount stated in the response, but otherwise dispute the claim; or
(c) dispute the claim.