Retentions regime 2023 changes
The Construction Contracts (Retention Money) Amendment Act 2023 came into force on 5 October 2023, impacting the way retentions must be held. This FAQ answers the main queries we have been receiving from clients about complying with the new regime. Please click the link below for information on the changes.
Disclaimer: The content of this article is general in nature, does not constitute legal advice and should not be relied upon for that purpose. Parties should seek specific legal advice tailored to their circumstances before acting on any of the matters discussed.
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