Queensland Consolidated Regulations

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QUEENSLAND BUILDING AND CONSTRUCTION COMMISSION (MINIMUM FINANCIAL REQUIREMENTS) REGULATION 2018 - REG 11E

Licensee must keep internal management accounts

11E Licensee must keep internal management accounts

(1) A licensee must prepare internal management accounts for each quarter of the licensee’s reporting year.
(2) The commission may, by written notice, ask the licensee to give the commission a copy of the licensee’s internal management accounts.
(3) The licensee must comply with the written notice within 14 days after the licensee receives the notice, unless the licensee has a reasonable excuse.
Penalty—
Maximum penalty—20 penalty units.
(4) This section does not apply to an applicant.



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