This is a review of contemporary construction industry payment practices under Part II of the Housing Grants, Construction and Regeneration Act 1996 for the construction industry. It provides guidance on key features of the Act.
Section 1: Background to the Act - an introductory overview; the economic and statutory background; the legal and contractual background; the link to other statutory remedies and procedures Section 2: Structure of the Act - how it works in practice Section 3: Substantive Provisions - Section 109 and the entitlement to stage and other payments; Section 110, the adequate payments mechanism and five-day notice; Section 111 and the withholding notice; Section 113 and the prohibition of conditional payment provisions; Section 112 and the right of suspension; concluding chapter and what's next
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