000 01039cab a2200217 4500
001 ABS44925
008 090401t1991 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u49908
041 _aeng
100 _aPowell-Smith, V.
245 4 _aThe retention fund is the contractor`s
260 _c1991
350 _a0
490 _aContract Journal
_v358(5831) 25 July 1991, 7(1)
520 _aHighlights another case, JF Finnegan Ltd v Ford Sellar Morris Developments Ltd 1990 unreported, which settles the status of a retention fund as being the contractor`s monies and should be kept in a separate bank account. The contractor is entitled to ask at any time for such placement in a separate bank account, in spite of JCT 1981 cl 30.4.2.2, which stipulates this request should be made only when an interim payment is made.
650 _aBUILT ENVIRONMENT-BUILDING CONTRACT FORMS
650 _aWATES CONSTRUCTION LTD V FRANTHOM PROPERTIES
690 _aBUILT ENVIRONMENT-BUILDING CONTRACT FORMS
942 _n0
948 _c04/03/1997
999 _c31241
_d31241