Queensland Consolidated Regulations

BUILDING AND CONSTRUCTION INDUSTRY (PORTABLE LONG SERVICE LEAVE) REGULATION 2024 - REG 12

12 Additional levy—Act, s 80

(1) For section 80 (8) of the Act , the additional levy is the total of the amounts worked out by applying the percentages mentioned in section 8 to the difference between—

(a) the cost of the building and construction work for which levy has been paid; and

(b) the cost of the work for which levy is payable.

(2) The additional levy must be rounded to the nearest dollar (rounding one-half downwards).