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UK Parliament · Public Bill · No. 2197

Construction (Retention Deposit Schemes) Bill

[As Introduced]
A
BILL
to

This bill changes how construction companies handle 'retention money' money that clients hold back from payments as security until work is finished. Instead of companies keeping this money themselves, the bill requires it to be held in protected deposit accounts, making sure workers and smaller suppliers actually get paid if something goes wrong.

Presented by Peter Aldous.
HybridLords
Official Ballot · The People's Chamber

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The people's count15 votes
100% Aye · 150% No · 0
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Bill passage

Commons

  • 1st reading9 Jan 2018
  • 2nd reading