24—Amendment of section 9—Entitlement to be licensed
(1) Section 9(1)(c) and (d)—delete paragraphs (c) and (d) and substitute:
(c) subject to subsection (1a)—
(i) is not an insolvent under administration within the meaning of the Corporations Act 2001 of the Commonwealth; and
(ii) has not, during the period of 5 years preceding the application for the licence, been a director of a body corporate wound up for the benefit of creditors—
(A) when the body corporate was being so wound up; or
(B) within the period of 6 months preceding the commencement of the winding up; and
(2) Section 9—after subsection (1) insert:
(1a) Subject to the regulations, a natural person referred to in subsection (1)(c) may be granted a licence subject to conditions limiting the work that may be performed under the authority of the licence to work as a subcontractor.