Queensland Consolidated Acts

QUEENSLAND BUILDING AND CONSTRUCTION COMMISSION ACT 1991 - SECT 56AG

56AG Procedure if licensee is excluded company

(1) This section applies if the commission considers that a company that is a licensee is an excluded company.

(2) The commission must give the company a written notice stating the following—

(a) particulars identifying the individual (the
"relevant individual" ) who is a director or secretary of, or an influential person for, the company and who is an excluded individual for a relevant event;

(b) particulars identifying the relevant event;

(c) within 28 days after the commission gives the company the written notice, the relevant individual must stop being a director, secretary or influential person;

(d) the circumstances, stated in subsection (3) , in which the commission must cancel the company’s licence.

(3) The commission must cancel the company’s licence by written notice given to the company if, within the 28 days mentioned in subsection (2) (c) , the relevant individual does not stop being a director or secretary of, or an influential person for, the company.

(4) Section 49 does not apply to a cancellation under subsection (3) .