21 Payment schedules
  • (1) A payer may respond to a payment claim by providing a payment schedule to the payee.

    (2) A payment schedule must—

    • (a) be in writing; and

    • (b) identify the payment claim to which it relates; and

    • (c) indicate a scheduled amount.

    (3) If the scheduled amount is less than the claimed amount, the payment schedule must indicate—

    • (a) the manner in which the payer calculated the scheduled amount; and

    • (b) the payer's reason or reasons for the difference between the scheduled amount and the claimed amount; and

    • (c) in a case where the difference is because the payer is withholding payment on any basis, the payer's reason or reasons for withholding payment.