000 00979cab a2200229 4500
001 ABS46507
008 090401t1992 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u58594
041 _aeng
100 _aKilvington, D.
245 _aJCT retention clauses, trust accounts and insolvency
260 _c1992
350 _a0
490 _aArchitect and Surveyor
_v67(5) June 1992, 15-16(2)
520 _aDsicusses the problem of trust accounts when the empoyer becomes insolvent during the course of a building contract but before the retention monies have been placed in a separate account. At the date of the employers insolvency the main contractor will rank as an unsecured creditor in respect of all monies due to him for work done not taking into account sums already paid.
650 _aRETENTION MONIES
650 _aTRUST ACCOUNTS
650 _aUNSECURED CREDITOR
690 _aBUILT ENVIRONMENT-BUILDING CONTRACT FORMS
942 _n0
948 _c04/03/1997
999 _c35806
_d35806