Keeping retention monies separate
Powell-Smith, V.
Keeping retention monies separate - 1991 - Contract Journal 30 May 1991, 7(1) .
Discusses the case Wates Construction Ltd v Franthom Property Ltd (Abs 44353) which held that retention monies must be placed in a separate account and that the deletion of the express obligation to do so under JCT 1980 clause 30.5.3 was irrelevant.
BANK ACCOUNTS
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CLAIMS
Keeping retention monies separate - 1991 - Contract Journal 30 May 1991, 7(1) .
Discusses the case Wates Construction Ltd v Franthom Property Ltd (Abs 44353) which held that retention monies must be placed in a separate account and that the deletion of the express obligation to do so under JCT 1980 clause 30.5.3 was irrelevant.
BANK ACCOUNTS
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CLAIMS