11A Application of this Act: savings provisions relating to Construction Contracts Amendment Act 2015

(1)

The amendments made to this Act on 1 December 2015 by the Construction Contracts Amendment Act 2015 do not apply to a construction contract that was entered into before 1 December 2015, unless—

(a)

the contract is renewed for a further term on or after 1 December 2015; or

(b)

the parties agree that the amendments will apply.

(2)

Section 6(1A) does not apply to a construction contract that was entered into before 1 September 2016 unless—

(a)

the contract is renewed for a further term on or after 1 September 2016 (in which case that section applies only in relation to those obligations that are incurred or undertaken on or after 1 September 2016); or

(b)

the parties agree that section 6(1A) will apply.

(3)

Subpart 2A of Part 2 (which relates to retention money) does not apply to a construction contract that was entered into before 31 March 2017 unless—

(a)

the contract is renewed for a further term on or after 31 March 2017 (in which case that subpart applies only in relation to retention money withheld during the further term); or

(b)

the parties agree that subpart 2A will apply.

Section 11A: inserted, on 1 December 2015, by section 10 of the Construction Contracts Amendment Act 2015 (2015 No 92).

Section 11A(2): inserted, on 1 September 2016, by section 11 of the Construction Contracts Amendment Act 2015 (2015 No 92).

Section 11A(3): inserted, on 31 March 2017, by section 146 of the Regulatory Systems (Commercial Matters) Amendment Act 2017 (2017 No 12).