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Queensland Building and Construction Commission (Minimum Financial Requirements) Regulation 2018
sec.11LLicensee’s obligation if actual revenue may exceed maximum revenue
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### sec.11L Licensee’s obligation if actual revenue may exceed maximum revenue
If a licensee’s actual revenue, for a reporting year, is likely to exceed the licensee’s maximum revenue for the year by more than 10%, the licensee must, before the actual revenue exceeds the maximum revenue, apply to the commission under section 11M to increase the licensee’s maximum revenue.
s 11L ins 2019 SL No. 30 s 16