23Notifying registrar about change of circumstances

23 Notifying registrar about change of circumstances (1) A licensee must notify the registrar, in writing, about any of the following within 14 days after the licensee becomes aware of the matter: (a) a change to the licensee’s name or contact details; (b) if an entity stops being, or becomes, an associated entity of the licensee; (c) if a person stops being, or becomes, a key person for the licensee; (d) any other change to the information given by the licensee in a licence application or renewal application; (e) the licensee, or an associated entity, doing the earliest of the (i) entering into an off-the-plan contract for the sale of a regulated residential building; (ii) applying for a development approval in relation to residential building work; (iii) applying for a building approval in relation to residential building work; (f) any other event or circumstance prescribed by regulation. Maximum penalty: 20 penalty units.

Register of licensed property developers Division 2.4 building approval—see the Building Act 2004, dictionary. development approval—see the Planning Act 2023, dictionary. off-the-plan contract—see the Civil Law (Sale of Residential Property) Act 2003, section 19A (1).