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Operation of set-off is critical in industry

By: Series: Contract Journal ; 405(6299) 18 October 2000, 28(1)Publication details: 2000Subject(s): Summary: Looks at the operation of set-off in administering payments in the construction industry. Considers how the Construction Act 1996 has clarified the process, and investigates how set-off rights may be excluded by the express words of the contract. Examines case law, including "BOC Group plc v Centeon LLC", which displays circumstances in which an exclusion could be made.

Looks at the operation of set-off in administering payments in the construction industry. Considers how the Construction Act 1996 has clarified the process, and investigates how set-off rights may be excluded by the express words of the contract. Examines case law, including "BOC Group plc v Centeon LLC", which displays circumstances in which an exclusion could be made.