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BUILDING AND CONSTRUCTION LEGISLATION AMENDMENT ACT 2016 (NO. 44 OF 2016) - SECT 56

New section 26B

in division 3.1, insert

26B     Notification requirements for licensees

    (1)     A licensee must give the registrar written notice of the following events or circumstances (a notification event );

        (a)     for an individual who is the licensee—the individual becomes bankrupt or personally insolvent;

        (b)     for a corporation that is the licensee—

              (i)     the corporation becomes the subject of a winding-up order; or

              (ii)     a controller or administrator is appointed for the corporation;

        (c)     for a partnership that is licensed in a construction occupation or occupation class—a partner's licence in the same occupation or class is suspended or cancelled;

        (d)     the licensee, or a director or partner of the licensee, is found guilty, whether in the ACT or anywhere else, of an offence that—

              (i)     involves fraud, dishonesty or violence; and

              (ii)     is punishable by imprisonment for at least 1 year;

        (e)     the licensee is not insured for a construction occupation or occupation class in accordance with the regulation;

        (f)     for a corporation or partnership that is the licensee—the licensee does not have the required nominee or nominees for the construction occupation or occupation class of the licence.

    (2)     The notice must be given within 24 hours after the notification event.

    (3)     A licensee commits an offence if the licensee—

        (a)     knows about a notification event; and

        (b)     fails to give the notice required under this section.

Maximum penalty: 100 penalty units.



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