Building Services (Registration) Regulations 2011

For the purposes of section 18(1)(b) the following financial requirements are prescribed for registration as a building surveying contractor level 1 (individual) or a building surveying contractor level 2 (individual) —

the applicant must not be an insolvent;

if the applicant has previously been an insolvent, the applicant must have the capacity to meet debts as and when they fall due.

For the purposes of section 18(1)(b) the following financial requirements are prescribed for registration as a building surveying contractor level 1 (partnership) or a building surveying contractor level 2 (partnership) —

each partner of the partnership must not be an insolvent;

if a partner of the partnership has previously been an insolvent, the partnership must have the capacity to meet debts as and when they fall due.

For the purposes of section 18(1)(b) the following financial requirements are prescribed for registration as a building surveying contractor level 1 (company) or a building surveying contractor level 2 (company) —

the applicant and each officer of the applicant must not be an insolvent;

if the applicant or an officer has previously been an insolvent, the applicant must have the capacity to meet debts as and when they fall due.

[Regulation 28E inserted: Gazette 12 Mar 2012 p. 999-1000.]