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Tag : Construction (Retention Deposit Schemes) Bill

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  • downingstreet petition

    Second reading of retentions bill pushed back to June

    News26 April, 2018

    A second reading in parliament of a bill that would mandate the use of accredited third-party deposit schemes to hold cash retentions has been postponed until June 15 after originally being scheduled for this week.

  • hard hat and boots

    Industry ramps up pressure on government for retentions reform

    News13 February, 2018

    BESA and the ECA hope to step up pressure on the government to overhaul cash retentions by calling for the introduction of mandatory third-party deposit schemes in a joint response to a recent consultation.

  • pound notes close up

    Retentions Bill breakdown: what will amendment mean for industry?

    News9 January, 2018

    MP Peter Aldous has presented the first reading of the Construction (Retention Deposit Schemes) Bill in parliament today that seeks to amend existing regulation to put a statutory obligation on any group withholding cash retentions to use an approved deposit scheme.