Queensland Consolidated Acts(1) This section applies if—
(a) a contract is entered into between a licensed supplier and a licensee under which an amount (other than a basic monitoring fee) is payable by the licensee to the licensed supplier; and
(b) the contract does not state a due date for payment of the amount.
(2) This section also applies if—
(a) a contract is entered into between a licensed monitoring operator and a licensee under which a basic monitoring fee is payable by the licensee to the operator; and
(b) the contract does not state a due date for payment of the fee.
(3) In this Act, a reference to the due date for payment of the amount or fee is a reference to the date that is 1 month after the incurring of liability for payment of the amount or fee.