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.7 Licensees holding NTA of more than $1.2M but not more than $2.4M If a licensee holds NTA of more than $1.2M but not more than $2.4M, the licensee’s calculated maximum revenue is the amount worked out using the formula— sch 1 s 7 ins 2019 SL No. 30 s 28

Previous sectionsch.1-sec.6Licensees holding NTA of more than $480,000 but not more than $1.2M Next sectionsch.1-sec.8Licensees holding NTA of more than $2.4M but not more than $4.8M

Section sch.1-sec.7 - Queensland Building and Construction Commission (Minimum Financial Requirements) Regulation 2018 - Licensees holding NTA of more than $1.2M but not more than $2.4M — Zoe