(1) Where a payment or an interim payment is made to a contractor or for his benefit in respect of any construction works, the contractor shall, within 14 days after the payment is made or such further time as the Authority may in any case allow, give notice of it to the Authority in such form as the Authority may specify. (Amended 60 of 1982 s. 4)
(2) Not later than 14 days, or such further time as the Authority may in any case allow, after the completion of any construction works, or of any stage of the construction works (if the construction works are being undertaken or carried out in stages), the contractor and the authorized person appointed in respect of the construction works shall each give notice of such completion to the Authority in such form as the Authority may specify. (Amended 60 of 1982 s. 4)
(2A) Subsections (1) and (2) shall not apply in respect of any construction works which are not liable to the levy as a result of a resolution under section 22. (Added 64 of 1976 s. 3)
(3) Every notice under subsection (1) or (2) shall state the value of the construction works or stage thereof in respect of which payment was made or the value of the works or stage thereof which have been completed, as the case may be.
(4) Every contractor or authorized person who without reasonable excuse fails to give a notice when required to do so by subsection (1) or (2) shall be guilty of an offence and shall be liable on conviction to a fine of $2000.