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Security Of Payment Legislation

Security Of Payment Act

The SOP Act came into operation on 1st April 2005. The Act seeks to improve cash-flow in the construction industry by giving parties the right to seek progress payment for work done, and providing fast and low-cost adjudication to resolve payment disputes.

  1. Building and Construction Industry Security of Payment Act
  2. Building and Construction Industry Security of Payment Regulations
  3. Building and Construction Industry Security of Payment Act (with effect from 15 Dec 2019)
  4. Building and Construction Industry Security of Payment Regulations (with effect from 15 Dec 2019)