SOP Act means the Building and Construction Industry Security of Payment Act 1999 (NSW).

Examples of SOP Act in a sentence

If the SOP Act does not apply to the Purchase Order Agreement, 45 calendar days from the end of the month the Payment Claim was submitted to the Purchaser.
The Supplier acknowledges and agrees that the payment of any monies to it by the Purchaser (including any payment made by the Purchaser pursuant to any adjudication determination under the SOP Act) is a payment made on account only and does not in any way prejudice the Purchaser’s right to dispute or contest whether the amount paid was properly due and payable to the Supplier.
To the extent the SOP Act applies to the Purchase Order Agreement and the SOP Act contemplates a reference date being required or applicable to a Payment Claim, the time stated in this subclause shall be a “reference date” for the purposes of the SOP Act.

More Definitions of SOP Act

SOP Act means the Building and Construction Industry Security of Payment Act (Cap 30B) and all rules, regulations and directions made pursuant thereto.

SOP Act means the Building Industry Fairness (Security of Payment) Act 2017 (Qld);

SOP Act means Building and Construction Industry Security of Payment Act 2002 (Vic);

SOP Act means the Building and Construction Security of Payment Act 2002 (Vic);‘Successful Consultant’ means the Consultant who is issued with the purchase order by the Principal, to confirm acceptance of quotation to proceed with the Services;