List of Figures
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Figure 1 – The pyramid structure of a large construction project
Figure 2 – A “truncated pyramid” structure with owner acting as manager
Figure 3 – Relationships within the pyramid
Figure 4 – The flow of money and credit
Figure 5 – “Classes” of lien claimants
Figure 6 – The multiple holdback scheme
Figure 7 – Limited recovery/liability – section 34
Figure 8 – The obligation to clear liens
Figure 9 – Calculating a payment into court
Figure 10 – Payment into court under section 23
Figure 11 – Clearing additional liens under section 23 decision procedure
Figure 12 – Persons affected by certificate
Figure 13 – Early release of holdback
Figure 14 – The running of time: section 20(3)
Figure 15 – The operation of the statutory trust: section 10
Figure 16 – Garnishment: four cases
Figure 17 – Crediting payments to the right project
Figure 18 – Allocation of proceeds of sale
Figure 19 – Allocation of proceeds of sale: an example
Figure 20 – Distribution to members of the contractor group
Figure 21 – The unfair result of a simple pro rata distribution
Figure 22 – Distribution to members of subcontractor group
Figure 23 – Distribution to members of subcontractor group: example
Figure 24 – Residual operation of the statutory trust example
Figure 25 – Applying section 10(3)