“(4) Receives money for the purpose of obtaining or paying for services, labor, materials or equipment and fails to apply such money for such purpose by:
a. failing to substantially complete the home improvement for which the funds were provided; or,
b. failing to pay for the services, labor, materials or equipment provided incident to such home improvement; or,
c. diverting said funds to a use other than for which the funds were received; or”
Section 2. If any provision of this Act or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of the Act which can be given effect without the invalid provision or application, and to that end the provisions of this Act are declared to severable.