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List of Figures

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)

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