Piper Alderman's Sydney Projects and Construction team consider the latest amendments to the NSW Security of Payment Act, which close loopholes that previously enabled unlicensed contractors engaged in residential building work to claim for payment under the Act. On 20 August 2024, section 8 of the Building and Construction Industry Security of Payment Act 1999 (NSW) (SoP Act) was amended to close a loophole left open when owner occupied work became covered by the SoP Act on 1 March 2021.