• Effective 15 April 2014, the Construction Industry Payment and Adjudication Act 2012 (“CIPAA 2012”) came into force which will provide a new legal avenue to resolve cash flow related problems in the construction industry.
  • It is an Act to facilitate regular and timely payment, to provide a mechanism for speedy dispute resolution through adjudication, to provide remedies for the recovery of payment in the construction industry and to provide for connected and incidental matters.
  • Simultaneous with the coming into force of CIPAA 2012, the Construction Industry Payment and Adjudication (Exemption) Order 2014 (“Exemption Order”) and the Construction Industry Payment Adjudication Regulations 2014 (“Regulations”) have also come into force.