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	<title>Construction Courses &#187; SOPA</title>
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		<title>Security of Payment Legislation (SOPA)</title>
		<link>http://constructioncourses.com.au/security-of-payment-legislation-sopa/</link>
		<comments>http://constructioncourses.com.au/security-of-payment-legislation-sopa/#comments</comments>
		<pubDate>Mon, 12 Apr 2010 06:46:42 +0000</pubDate>
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				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[Legislation]]></category>
		<category><![CDATA[Trade Administration]]></category>
		<category><![CDATA[Construction Legislation]]></category>
		<category><![CDATA[Contractors Protection]]></category>
		<category><![CDATA[SOPA]]></category>

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		<description><![CDATA[The Building and Construction Industry is now impacted by SOPA across Australia. Whether you are an employee / employer, contractor ...]]></description>
			<content:encoded><![CDATA[<p>The Building and Construction Industry is now impacted by SOPA across Australia. Whether you are an employee / employer, contractor, or principal contractor in the building industry you should become familiar with this legislation.</p>
<p><img class="alignright size-medium wp-image-330" title="SOPA Working like your Insurance" src="http://constructioncourses.com.au/wp-content/uploads/2010/04/SOPA-your-insurance-policy-300x199.jpg" alt="SOPA Working like your Insurance" width="300" height="199" />The primary purpose of SOPA is to provide fairness and protection for contractors in the construction industry. It provides a legal framework to ensure contractors can be paid their outstanding debts. SOPA has now been enacted in the following states:</p>
<ul>
<li>Australian Capital Territory</li>
<li>NSW</li>
<li>Queensland</li>
<li>South Australia</li>
<li>Tasmania</li>
<li>Victoria</li>
</ul>
<p>&#8230; and now we await WA to soon follow suit.</p>
<p>The construction industry is fragile when a crisis hits &#8211; like the Global Financial Crisis. So it&#8217;s particularly important that in these difficult times such schemes are available to contractors, or subcontractors, who have valid concerns about the solvency of the main contractor or building company they are contracting to.</p>
<p>There have been a number of cases, particularly in NSW, that have established legal precedents for the SOPA legislation.</p>
<p>To stay up to date with this important function and legislation within the building and construction industry please use the following links to the respective state bodies who manage SOPA at the local level. If you are a contractor who has not been paid for work performed then seek out legal advice and find out what your entitlements are.</p>
<p>ACT<br />
<a title="ACT SOPA" href="http://www.legislation.act.gov.au/b/db_35768/">Building and Construction Industry (Security of Payment) Bill 2009</a></p>
<p>NSW<br />
<a title="NSW SOPA" href="http://www.legislation.nsw.gov.au/fullhtml/inforce/act+46+1999+cd+0+N">Building and Construction Industry Security of Payment Act 1999 No 46</a></p>
<p>QLD<br />
<a title="QLD SOPA" href="http://www.legislation.qld.gov.au/LEGISLTN/CURRENT/B/BuildngCIPR04.pdf">Building and Construction Industry Payments Act 2004</a></p>
<p>VIC<br />
<a title="VIC SOPA" href="http://www.pic.vic.gov.au/resources/documents/SOP_Act.pdf">Building and Construction Industry Security of Payment Act 2002</a></p>
<p>SA<br />
<a title="SA SOPA" href="http://www.legislation.sa.gov.au/LZ/C/A/BUILDING%20AND%20CONSTRUCTION%20INDUSTRY%20SECURITY%20OF%20PAYMENT%20ACT%202009.aspx">Building and Construction Industry Security of Payment Act 2009</a></p>
<p>TAS<br />
<a title="TAS SOPA" href="http://www.parliament.tas.gov.au/bills/Bills2009/pdf/78_of_2009.pdf">Building and Construction Industry Security of Payment Bill 2009</a></p>
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