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RELEVANT LEGISLATION AND POLICY DOCUMENTS
Related Council Policies and Guidelines
The following policies and guidelines are related to the effective implementation of this policy:
• Policy Guideline – Guidelines for the Acceptance, Management and Release of Financial
Securities
• Investment of Surplus Funds Policy
• Tender Financial Capacity Assessment Policy
• Tender Financial Capacity Assessment Policy Guidelines
• Procurement Policy
• Procurement and Contacting Procedures
Related Legislation
The following policies and guidelines are related to the effective implementation of this policy:
• Local Government Act 2009
• Local Government Regulation 2012
• Building Industry Fairness (Security of Payment) and Other Legislation Amendment Act 2020
(BIFOLA Act)
• Queensland Building and Construction Commission (QBCC) Act 1991 (QLD)
Related Documents
The following forms are related to the effective implementation of this policy and are referred to in the
Policy Guideline – Guidelines for the Acceptance, Management and Release of Financial Securities:
• Acceptance Checklist
• Release Form
HUMAN RIGHTS COMPATIBILITY STATEMENT
In developing this Policy, the subject matter has been considered in accordance with the requirements
of the Human Rights Act 2019. It is considered that the subject matter does not conflict with any human
rights, including the right to property and the right to freedom of movement, and supports a human
rights approach to decision making by Council. This policy should be read in conjunction with the
Human Rights Act 2019 and Council’s Human Rights Policy.
Version control:
Version Reason/ Trigger Change (Y/N) Endorsed/ Reviewed by Date
1.0 Create new N Director Corporate Services 30 June 2025
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