Signed | Sealed | Law – Alternative retentions regime granted royal assent

The Regulatory Systems (Commercial Matters) Amendment Bill  was granted royal assent earlier this afternoon. The assent means the various amendments (discussed in our earlier blog here) to the Construction Contracts Act 2002 made under the Bill will be incorporated into the new retention regime set to come into force on 1 April 2017.

To understand what these changes mean, download our one page summary of key points.

If you do have any concerns or questions, get in touch with our team here.

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