The Security Of Payment Act NSW assists small businesses in ensuring that their cash flow is not disrupted indefinitely by a long, drawn-out legal dispute that would be the case if court proceedings became necessary to recover a debt owed. The building and construction industry is notorious for underpayment and nonpayment. The provisions of the Security Of Payment Act NSW is intended to move a claimant and a respondent through a brief process quickly and cheaply to recover owed money.