sec.177Change in membership of partnership

sec.177 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 continuing members of the partnership must, within 30 days after the membership change, give the regulator written notice of the change that includes full information and particulars of the change. Maximum penalty—20 penalty units. The notice may state the members’ preference about how the regulator is to act under subsection (4) . After receiving the notice and considering any stated preference, the regulator must— reissue the licence endorsed with information about the membership change; or cancel the licence and issue a new licence; or cancel the licence. A licence endorsed by the regulator with the change of the membership of the partnership under subsection (4) (a) has, subject to the endorsement, continuing effect as the original electrical contractor licence. A new licence issued by the regulator under subsection (4) (b) must be endorsed with a memorandum stating the reasons for the issue of the new licence. The regulator may issue a new licence to the partnership under subsection (4) (b) 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 new licence. If the regulator decides to cancel the licence under subsection (4) (c) , the regulator must give the partnership an information notice for the decision. Nothing in this section affects a requirement under this division for the endorsement of an electrical contractor licence issued to a partnership. (sec.177-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.177-ssec.2) The continuing members of the partnership must, within 30 days after the membership change, give the regulator written notice of the change that includes full information and particulars of the change. Maximum penalty—20 penalty units. (sec.177-ssec.3) The notice may state the members’ preference about how the regulator is to act under subsection (4) . (sec.177-ssec.4) After receiving the notice and considering any stated preference, the regulator must— reissue the licence endorsed with information about the membership change; or cancel the licence and issue a new licence; or cancel the licence. (sec.177-ssec.5) A licence endorsed by the regulator with the change of the membership of the partnership under subsection (4) (a) has, subject to the endorsement, continuing effect as the original electrical contractor licence. (sec.177-ssec.6) A new licence issued by the regulator under subsection (4) (b) must be endorsed with a memorandum stating the reasons for the issue of the new licence. (sec.177-ssec.7) The regulator may issue a new licence to the partnership under subsection (4) (b) 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 new licence. (sec.177-ssec.8) If the regulator decides to cancel the licence under subsection (4) (c) , the regulator must give the partnership an information notice for the decision. (sec.177-ssec.9) Nothing in this section affects a requirement under this division for the endorsement of an electrical contractor licence issued to a partnership.