Transitional Provision
In accordance with Section 74(2) of the Prompt Payment and Construction Lien Act, any contract or subcontract entered into on or after August 29, 2022 must comply with the Prompt Payment and Construction Lien Act and the Prompt Payment and Adjudication Regulation.
Section 37 of the Regulation requires that contracts or subcontracts entered into prior to August 29, 2022 and scheduled to remain in effect for two years after that date must be amended by August 29, 2024 to comply with the Act and the Regulation.
For assistance determining what law applies to a construction project, please consult a construction lawyer.