sec.53Change in membership of partnership

sec.53 Change in membership of partnership

This section applies if— a partnership is the holder of an electrical contractor licence; and there is a change in the membership of the partnership, whether by the death or retirement of a member or the admission of a new member. The partnership must, within 1 month after the membership change, give the regulator written notice of the change that complies with subsection (3) and (4) . Maximum penalty—20 penalty units. The notice must give full information and particulars of the change. The notice must be accompanied by the electrical contractor licence, and may be accompanied by an application about how the regulator is to act under subsection (5) . After receiving the notice and considering any accompanying application, the regulator must— endorse the licence with information about the membership change and reissue it to the partnership; or cancel the licence and issue a new licence; or cancel the licence. A licence reissued by the regulator with an endorsement of the change of the membership of the partnership has, subject to the endorsement, continuing effect as the original electrical contractor licence. A new licence issued by the regulator must be endorsed with a memorandum stating the reasons for its issue. The regulator may issue a new licence to the partnership only if the regulator is satisfied that— the entire business of electrical contracting work carried on by the partnership in Queensland before the membership change is to be carried on by the partnership after the new licence is issued; and the partnership complies with the eligibility requirements for the issue of the licence. If the regulator acts under subsection (5) (c) to cancel the licence, the regulator must give the partnership an information notice for the decision to cancel. Nothing in this section affects the requirement under this division for the endorsement of an electrical contractor licence issued to a partnership. (sec.53-ssec.1) This section applies if— a partnership is the holder of an electrical contractor licence; and there is a change in the membership of the partnership, whether by the death or retirement of a member or the admission of a new member. (sec.53-ssec.2) The partnership must, within 1 month after the membership change, give the regulator written notice of the change that complies with subsection (3) and (4) . Maximum penalty—20 penalty units. (sec.53-ssec.3) The notice must give full information and particulars of the change. (sec.53-ssec.4) The notice must be accompanied by the electrical contractor licence, and may be accompanied by an application about how the regulator is to act under subsection (5) . (sec.53-ssec.5) After receiving the notice and considering any accompanying application, the regulator must— endorse the licence with information about the membership change and reissue it to the partnership; or cancel the licence and issue a new licence; or cancel the licence. (sec.53-ssec.6) A licence reissued by the regulator with an endorsement of the change of the membership of the partnership has, subject to the endorsement, continuing effect as the original electrical contractor licence. (sec.53-ssec.7) A new licence issued by the regulator must be endorsed with a memorandum stating the reasons for its issue. (sec.53-ssec.8) The regulator may issue a new licence to the partnership only if the regulator is satisfied that— the entire business of electrical contracting work carried on by the partnership in Queensland before the membership change is to be carried on by the partnership after the new licence is issued; and the partnership complies with the eligibility requirements for the issue of the licence. (sec.53-ssec.9) If the regulator acts under subsection (5) (c) to cancel the licence, the regulator must give the partnership an information notice for the decision to cancel. (sec.53-ssec.10) Nothing in this section affects the requirement under this division for the endorsement of an electrical contractor licence issued to a partnership.