Multiple contracts at same site or adjacent sites
14B Multiple contracts at same site or adjacent sites
This section applies if—
the same parties enter into 2 or more separate contracts; and
the separate contracts are for carrying out project trust work at the same site or adjacent sites.
The separate contracts are taken to be a single contract (the larger contract) for the purpose of applying this division.
Example—
The larger contract would be eligible for a project trust if the contract would be eligible for a project trust under section 14.
To remove any doubt, it is declared that the exemptions under subdivision 3 apply only to the larger contract and not to the separate contracts.
Note—
If the separate contracts are for small scale residential construction work under section 15C, the exemption under section 15C does not apply to exclude the separate contracts from being taken to be a single contract under subsection (2).
This section does not apply to separate contracts entered into as a result of separate tender processes.
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