Complying-with-the-Expanding-Project-Trust-Account-Framework in-Queensland-0155DS

Complying with the Expanding Project Trust Account Framework in Queensland

The Expanding Project Trust Account Framework in Queensland is new legislation that aims to improve payment security for subcontractors and other construction industry participants. The new legislation requires head contractors to hold money paid on behalf of a project principal in a separate bank account. The projected trust account framework is currently only applicable to …

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