Fish hooks in the CCA Amendments to retentions

As part of the long-awaited amendments to the Construction Contracts Act 2002 (‘CCA’), there are going to be significant changes to the way retention sums are dealt with.

In the latest issue of Contractor Magazine, Stuart Robertson and Ariana Stuart of Kensington Swan’s construction law team discuss important changes to the CCA regarding retentions and whether provisions in NZS3910 may now be void. Click here to access the article.

Also click here and here to access previous blog posts about retentions reform.

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photo credit: bajafishing.net

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