Modern Slavery
Where one person uses coercion, threats or deception to exploit victims and undermine their freedom. Practices that constitute modern slavery can include human trafficking, slavery, servitude, forced labour, debt bondage, forced marriage and the worst forms of child labour.
Mobilisation
Activities required to be undertaken before construction work on a site may commence.
Moral rights
Non-pecuniary intellectual property rights recognised under the Copyright Act 1968 (Cth) which attach to and directly affect the reputation of any author of a copyrighted work (including design drawings), giving the author the right not to have a work subjected to derogatory treatment.
Mortgage
A conveyance of title to property that is given as security for the payment of a debt or the performance of a duty. Performance of the terms results in reversion of the mortgaged interest to the mortgagor.
Master Builders Australia (MBA)
An Australian building and construction industry association. Its primary role is to promote the viewpoints and interests of the building and construction industry and to provide services to members in a broad range of areas including training, legal services, industrial relations, building codes and standards, industry economics and international relations.
Material Adverse Effect (MAE)
The effect of an event, act or requirement which has serious consequences or impedes the rights or position of a party under a Contract.
Materials
The physical components and consumables required and used to construct any building or other Works.
Mechanical Completion
Mechanical Completion of all or any part of the Works occurs when the Works have been completed mechanically and structurally and all specified construction tests have been completed. Typically used in projects where additional performance output tests are required to be performed and satisfied subsequently by the contractor.
Mediation
A method of dispute resolution. The parties engage an independent third party mediator to facilitate in reaching a resolution to the dispute. Mediation can take place either before the commencement of Litigation or as part of the Litigation process following the commencement of court proceedings.
Memorandum of Understanding (MOU)
A signed document recording agreed discussions or negotiations between two or more parties and setting out the basis and summary of terms upon which they intend to later execute a written Contract.