(1) This section applies in relation to prescribed building work that has been carried out under a contract entered into under section 48B.
(2) A prescribed building contractor who has completed the prescribed building work must, not later than 14 days after completing the work, make a builder's declaration.
Maximum penalty: 85 penalty units.
(3) The prescribed building contractor must, not later than 14 days after completing the prescribed building work, give the builder's declaration to the building certifier who granted the building permit for the work.
Maximum penalty: 8 penalty units.
(4) If the prescribed building contractor is a director or nominee of a corporation who ceases to hold that office or position after completing the prescribed building work, the director or nominee is not excused from making a builder's declaration relating to the work he or she completed.
(5) For this section, a prescribed building contractor completes the prescribed building work when the building contractor completely ceases to carry out the building work specified in the contract, regardless of whether the work is fully or partially completed.