Queensland Consolidated Regulations
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QUEENSLAND BUILDING AND CONSTRUCTION COMMISSION (MINIMUM FINANCIAL REQUIREMENTS) REGULATION 2018 - REG 17F
Requirement to give commission information—change to deed of covenant and assurance
17F Requirement to give commission information—change to deed of covenant
and assurance
(1) This section applies if— (a) a licensee includes a deed of covenant
asset for working out the licensee’s net tangible assets; and
(b) the deed
is amended.
(2) The licensee must, as soon as practicable, give the
commission an MFR report showing how the amendment affects the licensee’s
net tangible assets.
Penalty— Maximum penalty—20 penalty units.
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