172Annual fee, proof of insurance and training plan report

172 Annual fee, proof of insurance and training plan report (1) A registered building practitioner must, on or before each anniversary of the practitioner's registration, pay to the Victorian Building Authority Fund the appropriate annual fee— S. 172(2) substituted by No. 43/2024 s. 11. (2) If, under Part 9, a registered building practitioner, other than a person referred to in subsection (3), is required to be covered by insurance, the practitioner, on or before the day of each anniversary of the practitioner's registration or the day of the expiry of any lesser period approved by the Authority under subsection (2A), must give written proof to the Authority that until the next anniversary of that day or the expiry of any lesser period approved by the Authority under subsection (2A)— (a) the practitioner will be covered by the required insurance; or (b) if the practitioner is a builder engaged in domestic building work with a cost that is more than the prescribed amount, the practitioner is eligible to be covered by the required insurance. S. 172(2A) inserted by No. 43/2024 s. 11. (2A) For the purposes of subsection (2), the Authority may approve a lesser period and impose any conditions on that approval. S. 172(3) substituted by No. 43/2024 s. 11. (3) A person who has automatic deemed registration to carry out an activity that may be carried out under a registration under this Part, on or before the day of each anniversary of the commencement of the person's automatic deemed registration or the day of the expiry of any lesser period approved by the Authority under section 170AB(2A), must give written proof to the Authority that until the next anniversary of that day or the expiry of any lesser period approved by the Authority under subsection (3A), the person will be covered or is eligible to be covered (as applicable) by the required insurance for the registration under this Part. S. 172(3A) inserted by No. 43/2024 s. 11. (3A) For the purposes of subsection (3), the Authority may approve a lesser period. (4) If a person is required under this section to provide written proof to the Authority in relation to required insurance, the person must ensure that the written proof is accompanied by the appropriate fee for examination of the written proof by the Authority— (5) A provisionally registered builder subcontractor must, on each anniversary of the builder subcontractor's registration, report to the Authority on the builder subcontractor's progress in complying with a training plan (if applicable), the compliance with which is a condition of the registration under section 171H(1B). Subdivision 4—Renewal and surrender of registration S. 173 (Heading) amended by No. 46/2018 s. 17(1). S. 173 substituted by No. 21/2017 s. 7.