Source: http://www.legislation.govt.nz/act/public/2015/0092/latest/whole.html
Timestamp: 2017-09-25 13:19:33
Document Index: 98890807

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Construction Contracts Amendment Act 2015 No 92, Public Act – New Zealand Legislation
2015 No 92
6 Section 6 amended (Meaning of construction work)
7 Section 9 amended (When Act applies: general)
8 Section 10 repealed (When Act applies: residential construction contracts)
9 Section 11 amended (When Act does not apply)
10 New section 11A inserted (Application of this Act: savings provisions relating to Construction Contracts Amendment Act 2015)
11 Section 11A amended (Application of this Act: savings provisions relating to Construction Contracts Amendment Act 2015)
Amendments to principal provisions
12 Section 13 amended (Conditional payment provisions ineffective)
13 Subpart 2 heading in Part 2 replaced
14 Cross-heading above section 14 amended
15 Section 14 amended (Parties free to agree on progress payment provisions in construction contract)
16 Cross-heading above section 15 amended
17 Section 18 amended (Due date for payment)
18 New subpart 2A of Part 2 inserted
18C Trust over retention money
18D Accounting
19 Section 19 amended (Interpretation)
20 Section 20 amended (Payment claims)
21 Section 21 amended (Payment schedules)
22 Section 22 amended (Liability for paying claimed amount)
23 Section 23 amended (Consequences of not paying claimed amount where no payment schedule provided)
24 Section 24 amended (Consequences of not paying scheduled amount in manner indicated by payment schedule)
25 New subpart 4 of Part 2 inserted
26 Section 25 amended (Right to refer disputes to adjudication)
27 Section 26 amended (Relationship between Part and other dispute resolution procedures)
28 Section 27 amended (Effect of Part on civil proceedings)
29 Section 28 amended (How to initiate adjudication)
30 Section 31 replaced (When claimant may not seek approval for issue of charging order)
31 Section 32 amended (Owner who is not respondent is party to adjudication proceedings)
32 Section 33 amended (Selection of adjudicator)
33 Section 35 amended (Appointment of adjudicator)
34 New section 35A inserted (Notice of acceptance)
35 Section 37 amended (Response to adjudication claim)
36 New section 37A inserted (Reply to response to adjudication claim)
37 New sections 38A and 38B inserted
38 Section 45 amended (Adjudicator’s determination: matters to be considered)
39 Section 47 amended (Adjudicator’s determination: form)
40 Sections 52 to 55 repealed
41 Section 58 amended (Enforceability of adjudicator’s determination)
42 New section 59A inserted (Consequence of not complying with adjudicator’s determination under section 48(1)﻿(b) or (2))
43 Section 60 amended (Effect of review or other proceeding on adjudicator’s determination under section 48(1)﻿(a))
44 Section 61 repealed (Consequence of not complying with adjudicator’s determination under section 48(1)﻿(b) or (2))
45 Sections 62 to 64 and 67 repealed
46 Section 71 amended (Application of other enactments to adjudications)
47 Part 4 heading replaced
48 New subpart 1AA of Part 4 inserted
49 Subpart 1 of Part 4 repealed
50 Section 73 amended (Enforcement of adjudicator’s determination)
51 Section 74 amended (Defendant may oppose entry as judgment)
52 Section 75 amended (Entry as judgment if defendant takes no steps)
53 Section 80 amended (Service of notices)
54 Section 82 amended (Regulations)
55 New section 83 inserted (Chief executive may require adjudication information)
This Act is the Construction Contracts Amendment Act 2015.
Sections 6 and 11 come into force on 1 September 2016.
Sections 4(3) and 18 come into force on 31 March 2017.
The rest of this Act comes into force on 1 December 2015.
This Act amends the Construction Contracts Act 2002 (the principal Act).
Part 1 Amendments to preliminary provisions
In section 4(c) and (e), delete “progress” .
Replace section 4(d) with:
After section 4(d), insert:
Replace section 4(f) to (h) with:
In section 5, repeal the definition of residential construction contract.
In section 5, definition of construction contract, replace paragraph (a) with:
In section 5, replace the definition of construction site with:
In section 5, replace the definition of defendant with:
In section 5, replace the definitions of plaintiff and progress payment with:
In section 5, definition of working day, replace paragraph (c) with:
In section 5, definition of working day, paragraph (d), replace “53” with “71B” .
In section 9, replace “10 and 11” with “11 and 11A” .
In section 11(b)﻿(ii)﻿(C), after “contract” , insert “; or” .
After section 11(b)﻿(ii), insert:
In section 11A, insert as subsection (2):
Part 2 Amendments to principal provisions
In section 13(1)﻿(b), delete “progress” .
In section 13(2), definition of conditional payment provision of a construction contract, after paragraph (c), insert:
In Part 2, replace the subpart 2 heading with:
In the cross-heading above section 14, delete “progress” .
In the heading to section 14, delete “progress” .
In section 14(a), delete “progress” .
In section 14, insert as subsection (2):
In the cross-heading above section 15, delete “progress” .
In section 18, replace “progress payment” with “payment (as that term is defined in section 19)” .
Retention money may be held in the form of cash or other liquid assets that are readily converted into cash.
Party A must keep proper accounting records of all retention money held that—
correctly record all dealings and transactions in relation to the money; and
Party A must make accounting records of retention money available for inspection by party B at all reasonable times and without charge.
Regulations may further prescribe methods of accounting for retention money.
Party A must not appropriate any retention money to a use other than to remedy defects in the performance of party B’s obligations under the contract.
Retention money may be invested by party A in accordance with the Trustee Act 1956 in relation to investment of trust funds.
Interest on retention money is payable to party B from the date on which it is payable under the contract until the date on which it is paid.
at the rate agreed under the contract; or
if the parties have not agreed a rate under the contract, at the rate or rates prescribed in regulations.
Retention money—
require party B to pay any fees or costs for administering a trust under this subpart.
In section 19, replace the definition of claimed amount with:
In section 19, definition of payee, delete “progress” .
In section 19, after the definition of payer, insert:
In section 19, definition of scheduled amount, replace “progress” with “a” .
In section 20(1), replace “each progress” with “a” .
Replace section 20(1)﻿(b) with:
In section 20(2)﻿(b) and (c), delete “progress” .
In section 20(2)﻿(d), replace “indicate” with “state” .
In section 20(3), replace “If a payment claim is served on a residential occupier, it” with “A payment claim” .
In section 21(2)﻿(c), replace “indicate” with “state” .
In section 22, delete “progress” .
In section 23(1)﻿(b), delete “progress” .
In section 24(1)﻿(d), delete “progress” .
affect any rights that would otherwise have been available to party A under the Contractual Remedies Act 1979; or
enable party B to exercise any rights that may otherwise have been available to party B under that Act as a direct consequence of party A exercising the right conferred by subsection (1).
In section 26(3), replace “However, an” with “An” .
In section 27(1), delete “and section 61(2)” .
In section 32(2)﻿(a), after “37,” , insert “37A,” .
Replace section 33(2)﻿(b) with:
In section 35(2), after “notice of acceptance” , insert “(a notice of acceptance)” .
In section 35(6), replace “that confirms the person meets the eligibility criteria for adjudicators under section 34” with “that complies with section 35A” .
After section 37(3), insert:
In section 45(c), after “36” , insert “and the claimant’s written reply (if any) referred to in section 37A” .
In section 45(d), after “37” , insert “and the respondent’s rejoinder (if any) referred to in section 37A(4)﻿(b)” .
After section 47(1)﻿(b)﻿(i), insert:
In section 47(1)﻿(b)﻿(iii), delete “in a case where the adjudicator determines that a party to the adjudication is liable to make a payment,” .
Repeal sections 52 to 55.
In section 58(2), replace “is not enforceable” with “is enforceable in accordance with section 59A” .
Repeal section 58(3).
In section 60 and the heading to section 60, delete “under section 48(1)﻿(a)” .
Repeal section 61.
Repeal sections 62 to 64 and 67.
In section 71(2)﻿(c), after “1993” , insert “; and” .
After section 71(2)﻿(c), insert:
An owner who is not a respondent may apply to a District Court for a review of—
A District Court has the jurisdiction to hear and determine an application for review under this section despite any limits imposed on District Courts in their ordinary civil jurisdiction by sections 29 to 34 of the District Courts Act 1947.
An application for review under section 71A must be made by filing a notice, in the prescribed form (if any), in the District Court nearest to the place at which the adjudication proceedings to which the application for review relates were held.
has all the powers vested in a District Court in its civil jurisdiction.
A District Court’s determination under subsection (2)﻿(a)—
Repeal subpart 1 of Part 4.
Repeal section 73(1).
Replace section 73(2) with:
Replace section 73(5) with:
In section 74(1), replace “15” with “5” .
In section 75, replace “15” with “5” .
Part 3 Amendments to miscellaneous provisions
In section 80(d), replace “in the prescribed manner (if any)” with “in the manner (if any) prescribed in regulations made under this Act” .
In section 82, insert as subsection (2):
Introduction (Bill 97–1)
Reported from Commerce Committee (Bill 97–2)
Committee of the whole House (Bill 97–3)