Queensland Consolidated Acts

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SUBCONTRACTORS' CHARGES ACT 1974 - SECT 8

8 Insufficiency of money to meet claims

(1) If the money that is or is to become payable under the contract is insufficient to meet the claims of 2 or more subcontractors any insufficiency must be borne by them in proportion to the amounts of their claims.

(2) For subsection (1), money that is or is to become payable under the contract includes money that is or is to become payable on the basis of a charge on a security for the contract, including money payable under section 11B or under an order of the court under section 11C.



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