Must be prepared and issued in conjunction with each Payment Certificate by the principal agent using JBCC® Recovery Statement format to keep track of financial transactions between the employer and the contractor on a “before tax” basis as tax (where applicable) is dealt with in the Payment Certificate. Documentation substantiating the amounts due must accompany the recovery statement.

If the principal agent fails to issue a recovery statement this is not a reason for suspension or termination – but there is case law that this may constitute a breach of contract by the employer who is responsible for the actions of his appointed agents!