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Queensland Building and Construction Commission (Minimum Financial Requirements) Regulation 2018
sec.8Requirements for information or documents
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### sec.8 Requirements for information or documents
This section applies if a licensee is required to keep, or give the commission, information or documents under this regulation.
The information or documents must comply with the prescribed accounting standards.
See section 11D in relation to the requirements for MFR reports for particular licensees.
However, if a requirement of this regulation is inconsistent with the prescribed accounting standards, the information or documents must comply with this regulation to the extent of the inconsistency.
The information or documents must be in English.
All references to monetary amounts in a document must be expressed in Australian dollars according to the rate of exchange that applies in Queensland on the day the document is prepared.
s 8 sub 2019 SL No. 30 s 11
amd 2024 SL No. 6 s 3
(sec.8-ssec.1) This section applies if a licensee is required to keep, or give the commission, information or documents under this regulation.
(sec.8-ssec.2) The information or documents must comply with the prescribed accounting standards. See section 11D in relation to the requirements for MFR reports for particular licensees.
(sec.8-ssec.3) However, if a requirement of this regulation is inconsistent with the prescribed accounting standards, the information or documents must comply with this regulation to the extent of the inconsistency.
(sec.8-ssec.4) The information or documents must be in English.
(sec.8-ssec.5) All references to monetary amounts in a document must be expressed in Australian dollars according to the rate of exchange that applies in Queensland on the day the document is prepared.