FREE MEMBER VALUE ADDED PRE-CONFERENCE BUSINESS SESSION
FRIDAY 7 OCTOBER 3:30 – 5:30PM
LEGAL SEMINAR – WARD & CO
– USING THE SECURITY OF PAYMENTS ACT TO GET PAID
– THE BENEFIT OF USING CONTRACTS; AND
– THE IMPORTANCE OF PROTECTING YOUR ASSETS
SECURITY OF PAYMENTS
Risks of non-payment in the building industry is a fundamental concern of every supplier, builder and subcontractors. The introduction of Security of Payments laws throughout Australia attempts to address this by creating a system of “pay first and argue later”.
In this presentation we will explain the Security of Payment laws in particular:
- The purpose and benefits of the Security of Payment laws.
- How it works
- How to deal with a claim made against you
- Adjudication versus court litigation
- Examples of its effectiveness
Gone are the hand shake days of the construction industry as it is now one of the most litigious industries in the country. Most suppliers, builders and subcontractors have at some time or another been faced with some legal dispute.
Why use a properly drafted contract? What protections, advantages and certainty can it provide.
In this presentation we will discuss the advantages of using a written contract in your deals, and the risks of not using a properly drafted contract, we will also discuss terminating and suspending a contracts and liquidated damages.
Protecting your assets, your home and the future of your family should be an absolute priority for every businessman. If you do not have proper strategies in place to safeguard your assets, then you could lose them at no fault of your own. In this presentation we will briefly demonstrate some strategies that you can use to protect your assets.
Non ASOFIA members are able to register for this session for a fee of $100 + GST
Register now for the ASOFIA 20th National Conference as there are only minimal rooms still available.