Northern Territory Consolidated Acts

BUILDING ACT 1993 - SECT 24B

    (1)     After receiving an application made by an individual under section 24A(2), the Practitioners Board must register the individual as a building contractor in the sub-category or sub-categories specified in the application if satisfied the individual:

        (a)     is a fit and proper person to be registered in each sub-category; and

        (b)     has the relevant qualifications and experience determined under section 24G(a) for each sub-category; and

        (c)     currently holds, and during the period of registration will continue to hold, the net financial assets prescribed by regulation for each sub-category; and

        (d)     has complied with any conditions for registration prescribed by regulation; and

        (e)     has paid any prescribed fee for registration.

    (2)     After receiving an application made by a corporation under section 24A(3), the Practitioners Board must register the corporation as a building contractor in the sub-category or sub-categories specified in the application if satisfied:

        (a)     at least one director, or a nominee, of the corporation:

            (i)     is registered in each sub-category; and

            (ii)     will provide adequate supervision of the building work carried out by the corporation; and

        (b)     each director of the corporation who is not registered in a sub-category specified in the application would be a fit and proper person to be so registered if the director had applied personally for the registration; and

        (c)     the corporation currently holds, and during the period of registration will continue to hold, the net financial assets prescribed by regulation for each sub-category; and

        (d)     the corporation has complied with any conditions for registration prescribed by regulation; and

        (e)     the corporation has paid any prescribed fee for registration.

    (3)     Without limiting subsection (1)(d) or (2)(d), a regulation may prescribe a condition requiring the applicant for registration to hold an insurance policy of a type (which may include a professional indemnity policy) or for an amount, or both, determined under section 24G(c).