This regulation may be cited as the Building Industry Fairness (Security of Payment) Amendment Regulation 2025.
This regulation commences on 1 July 2025.
This regulation amends the Building Industry Fairness (Security of Payment) Regulation 2018.
Schedule 2—
omit, insert—section 39
Fee units
1
Application fee for adjudication (Act, s 79(2)(d))—
(a) for a payment claim for a progress payment of no more than $11,345.7060.70
(b) for a payment claim for a progress payment of more than $11,345.70 but no more than $56,728.80182.15
(c) for a payment claim for a progress payment of more than $56,728.80 but no more than $113,457.60303.60
(d) for a payment claim for a progress payment of more than $113,457.60 but no more than $283,644.05425.20
(e) for a payment claim for a progress payment of more than $283,644.05 but no more than $567,288.05546.60
(f) for a payment claim for a progress payment of more than $567,288.05 but no more than $850,932.15668.05
(g) for a payment claim for a progress payment of more than $850,932.15 but no more than $1,236,206.95789.55
(h) for a payment claim for a progress payment of more than $1,236,206.95The number of fee units equal to a fee that is 0.0794188% of the progress payment amount, up to a maximum of 6,073.80 fee unitsExample—
For an adjudication application made on 1 July 2025 for a progress payment of $1,300,000, the fee is $1,032.44 (the number of fee units equal to this fee is 942.01 fee units).
2
Application fee for registration, or renewal of registration, as an adjudicator (Act, ss 159(2)(a)(iii) and 167(2)(c))
843.45