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What are Master Builders Payment Terms?

Approved Master Builders Host Employers acknowledge and agree to the following payment terms:

  • All invoices are issued weekly and are due seven (7) days from the invoice date.
  • All invoices are to be paid via a Direct Debt payment option unless an alternative payment option has been approved in writing by the Master Builders General Manager of Education and Apprenticeships.
  • In the event that the Host Employer fails to adhere to the payment terms, resulting in an outstanding invoice amount, the Master Builders Apprentice/Trainee will be removed. Once removed, the Host Employer will not be provided with another Master Builders Apprentice/Trainee until all outstanding invoices are paid. There will be no guarantee to the Host Employer that the same Apprentice/Trainee will be returned to them once the outstanding debt has been cleared.

Master Builders reserves the right to revoke the Host Employers Approval status due to bad debts or ongoing credit risks.

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MBAS and MBRS are services offered by Master Builders Association of New South Wales Pty Ltd, ABN 11 074 397 532 (Master Builders) which is the Apprenticeship Services arm of Master Builders Association of New South Wales, ABN 96 550 042 906

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Definitions

This document outlines the direct debit arrangements between Master Builders Association of NSW Pty Ltd, ABN 11 074 397 532 (MBANSW) and you.

MBANSW is the registered Group Training Organisation and Apprenticeship Services arm of Master Builders Association of New South Wales, ABN 96 550 042 906 (Master Builders)

“You”, “your” and “Host Employer” refer to you, your company and business nominated in the table below.

This document outlines the direct debit arrangements between MBANSW and you.

Direct Debit Terms and Conditions

  • Your nominated account or credit card will be debited weekly for hosting a MBAS or MBAS+ apprentice or trainee.
  • The first debit to your account will occur within 7 working days of the MBAS or MBAS+ apprentice or trainee commencing their placement with your business.
  • If an invoice payment is due on a non-business day, it will be debited from your account on the following business day.
  • Host Employer account information held by MBANSW will be kept confidential. Please note that some information is provided to the MBANSW financial institution to initiate the debit to your nominated account.
  • MBANSW will give you a minimum of 14 days’ notice in writing of changes to these Terms and Conditions.
  • If you wish to make changes to this arrangement, please contact MBANSW on (02) 8586 3533.

Your responsibility in this arrangement

  • Ensure that your nominated account can accept direct debits (your financial institution can confirm this).
  • Ensure there are sufficient cleared funds in the nominated account on the drawing date.
  • Advise MBANSW in writing if the nominated account is transferred or closed.


Please note that if your payment is dishonoured by your financial institution, a re-draw will take place within 7 days.

Any transaction fees payable by MBANSW in respect to a dishonoured payment will be added to your account.

Enquiries

Please direct all enquiries to MBAS (02) 8586 3533 or apprenticeship@mbansw.asn.au;

Please include your phone and email address.

I/We authorise MBANSW to arrange for funds to be debited from my/our nominated account at the financial institution identified below.

This authority to direct debit will remain in place in accordance with these Terms and Conditions.