Preparing for Prompt Pay Legislation In Effect August 29, 2022

The new Prompt Payment and Building Lien Act (the renamed Builders’ Lien Act) which introduces prompt payment, alterations to the present Builders’ Lien Act and an adjudication process will come into outcome August 29, 2022. Field representatives appointed by the Alberta Development Affiliation which include Gowling WLGs regulation organization have been directly concerned in the stakeholder discussions.  Here’s what you want to know to get prepared…

For your reference is a consolidation of the outdated Act with the amendments, Prompt Pay Rules, and responses to Routinely Asked Thoughts Quantity 1. The FAQs listing a range of factors for changes you will have to have to make to your invoicing and payment techniques.

Academic webinars will be presented to users starting off this April. These webinars will be offered by the development team of the Gowling WLGs legislation business which has initial hand know-how of the new laws and its realistic impact. Webinars which element Q&A so you get the info you want.