188Compliance with supervision requirement

188 Compliance with supervision requirement (1) A corporation registered before the commencement day as a building contractor must comply with the supervision requirement during the term of registration. (2) For subsection (1), the supervision requirement is the requirement that at least one director, or a nominee, of the corporation must provide adequate supervision of the building work carried out by the corporation. (3) To avoid doubt, it is no longer necessary for the director or nominee to reside in the Territory to provide the adequate supervision.