Australian Capital Territory Numbered Acts

BUILDING AND CONSTRUCTION LEGISLATION AMENDMENT ACT 2016 (NO. 44 OF 2016) - SECT 62

insert

50A     Automatic suspension of licence—no nominee

    (1)     This section applies to a corporation or partnership that is licensed in a construction occupation or occupation class.

    (2)     The corporation's or partnership's licence in the construction occupation or occupation class is automatically suspended if—

        (a)     a nominee is not appointed for the construction occupation or occupation class; or

        (b)     if there is only 1 nominee for the construction occupation or occupation class—the nominee stops being the nominee for the construction occupation or occupation class.

Note     A nominee may stop being a nominee automatically (see s 28), on resignation with the registrar's approval (see s 29) or on revocation with the registrar's approval (see s 30).