Retentions reform on the cards

With the passing of the Construction Contracts Amendment Act (previously mentioned here), the entire construction industry will need to become familiar with the changes to retention sums and various parties’ rights and obligations.

Click here to read Kensington Swan’s views on this topic in an article published in the most recent edition of New Zealand Construction News and here for an earlier post about retentions.

The ‘Beehive and Parliament buildings, New Zealand’ by Nicolette Gregory. See https://www.flickr.com/photos/artistiquephotography/5362940630#

The ‘Beehive and Parliament buildings, New Zealand’ by Nicolette Gregory. See https://www.flickr.com/photos/artistiquephotography/5362940630#

One thought on “Retentions reform on the cards

  1. Pingback: Fish hooks in the CCA Amendments on retentions | SITE VISIT

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s