Turn the raw legal text into a practical explanation grounded in Queensland Building and Construction Commission (Minimum Financial Requirements) Regulation 2018.

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### sch.1-sec.1 Definitions for part In this schedule— CMR means calculated maximum revenue. NTA means the net tangible assets of a licensee worked out for the licensee under part 4 of this regulation. M means 1 million. sch 1 s 1 ins 2019 SL No. 30 s 28

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