Under HGCRA 1996 s 111, a payee's insolvency before the final date for payment extinguishes the payer's obligation to pay the notified sum, overriding the right to suspend for non-payment.
construction
Court of Appeal affirmed the validity of a statutory levy imposed by the Construction Industry Council for lift and escalator maintenance works.
Judicial determination required to assess the extent to which retention monies may be withheld under construction contracts.
Court interpreted Part 5 of the Construction Industry Council Ordinance in a construction industry regulatory dispute.
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