What is the Building Bond Scheme? The building bond scheme is a regime whereby developers of residential strata schemes have to: lodge a bond with the Department of Finance, Services and Innovation (DFSI); and arrange for defects inspections within the strata scheme after completion of the building work. Does the…
In this issue, we look at the following key developments in construction, property & projects law:Contractual Clauses Limiting the Accrual of Reference Dates or a Right to a Progress Payment | Are Your Clauses Void?Supreme Court Overturns Adjudication Determination for Failure to Apply LDsCase Law Developments | Required Form of…