address the Property Council of New South Wales on the Building and Construction Industry Security of Payments act 1999 (as amended)
In particular you have been asked to address the following aspects of the act;
1. How does the Act work?
2. Why was it introduced?
3. How does the act work in relation to the regular court actions?
4. Where a subcontractor of the builder has not been paid by the builder, what rights has the subcontractor in relation to the owner of the property ?
citing in accordance to AGLC 4th edition