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Queensland Building and Construction Commission (Minimum Financial Requirements) Regulation 2018
sec.11PWorking out actual revenue—trustees, partnerships or group companies
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### sec.11P Working out actual revenue—trustees, partnerships or group companies
If a licensee is a trustee of a trust, the licensee’s actual revenue includes all revenue received by the trust.
If a licensee carries on business in a partnership, the licensee’s actual revenue includes all revenue received by the partnership.
If a licensee is a group company, the licensee’s actual revenue is the revenue received by the corporate group for the group company.
s 11P ins 2019 SL No. 30 s 16
amd 2020 SL No. 241 s 22 ; 2024 SL No. 85 s 10
(sec.11P-ssec.1) If a licensee is a trustee of a trust, the licensee’s actual revenue includes all revenue received by the trust.
(sec.11P-ssec.2) If a licensee carries on business in a partnership, the licensee’s actual revenue includes all revenue received by the partnership.
(sec.11P-ssec.3) If a licensee is a group company, the licensee’s actual revenue is the revenue received by the corporate group for the group company.