8Rate of building work levy—repair, renovation or protective treatment of buildings

8 Rate of building work levy—repair, renovation or protective treatment of buildings

8 Rate of building work levy—repair, renovation or protective treatment of buildings

(1) This clause applies to building work if—

(a) it involves the repair, renovation or protective treatment of a building, or part of a building, and

(b) an expected completion notice has been given in relation to the building work.

(2) For building work with a projected cost within 1 of the following ranges, the rate of the building work levy is the number of monetary units specified for the range—

(a) more than $150,000 but not more than $500,000—7 monetary units,

(b) more than $500,000 but not more than $1,000,000—13 monetary units,

(c) more than $1,000,000 but not more than $5,000,000—20 monetary units,

(d) more than $5,000,000 but not more than $10,000,000—27 monetary units,

(e) more than $10,000,000—40 monetary units.

cl 8: Ins 2022 (293), Sch 1[4].