Amendments to the Building and Construction Industry Security of Payment Act (Vic) are Now in Force
The Building and Construction Industry Security of Payment Act 2002 (Vic) (“the Act”) has been significantly amended and updated, with new rules taking effect from 15 April 2026. These new rules can affect all construction contracts, including contracts entered into before 15 April 2026, subject to the transitional provisions outlined in the amended Act. If [...]
