Queensland Consolidated Regulations

QUEENSLAND BUILDING AND CONSTRUCTION COMMISSION REGULATION 2018 - REG 19

19 Refund of licence fee

(1) The commission may refund the unexpired part of the licence fee paid by a licensee if—

(a) the licensee surrenders the licence before the expiry day for the licence; or

(b) the licensee dies during the licence period.

(2) The unexpired part is the amount worked out using the formula—

where—

"LF" means the licence fee paid by the licensee, whether for a 1 year or a 3 year period.

"WM" means the number of whole months before the expiry date for the licence.

"Y" means the number of years for which the licence was renewed.

(3) For subsection (2) , a whole month means a month beginning on the day of the calendar month on which the licence was issued and ending on the day before the corresponding day of the next calendar month.

Examples of a whole month—

• for a licence issued on 1 September in a year—a month beginning on the first day of any month and ending on the last day of that month

• for a licence issued on 7 March in a year—a month beginning on the seventh day of any month and ending on the sixth day of the next month