The loopholes in the Act’s retentions regime are about to tighten. Contractors are set to face an increased administrative burden when managing retentions. There will also be significant consequences if the Act is not complied with. In this article Building and Construction Expert, Karen Shaw, outlines the changes that are currently being considered by Parliament.
In a recent High Court decision, BNZ Branch Properties Limited v Wellington City Council the Court found that the 10 year longstop period in the Building Act 2004 does not apply to claims for contribution under s 17(1)(c) of the Law Reform Act 1936. This is the latest in a series of conflicting High Court authorities on this point.
Construction law expert Karen Shaw reviews a recent judgment which highlights the importance of getting documentation finalised before starting any construction work. An expensive lesson learnt by a big company that can be applied to all working in the industry.
The Construction Contracts Act 2002 required strict compliance in order to recover payments under it. In this article, construction law specialist, Karen Shaw provides a summary of the key requirements to ensure that you get these claims right .