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HOME BUILDING REGULATION 2014 - REG 5
Thresholds for contract requirements
5 Thresholds for contract requirements
(1) For the purposes of section 7 (1A) of the Act, the prescribed amount is--
(a) for contracts entered into before 1 March 2015--$5,000, and
(b) for
contracts entered into on or after 1 March 2015--$20,000.
(2) For the
purposes of section 7AAA of the Act, the prescribed amount is-- (a) for
contracts entered into before 1 March 2015--$1,000, and
(b) for contracts
entered into on or after 1 March 2015--$5,000.
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