What’s the licensing ramifications if I don’t send a payment schedule? You can receive a maximum penalty of 100 penalty units, which equates to $13,055.00 To read the rest of the FAQ, go to our Subcontractor FAQ page and search for "licensing".
Find our Subcontractor FAQ page here: https://www.subcontractors.arbuildinglaw.com.au/faq-subcontractors
Learn about BIF Act Security of Payment so you know how to get paid for the construction work you do and so you know how to pay others correctly in Queensland. The BIF Act is not just about project bank accounts. There's more to it than that! Sign up to our easy video-based online course here: https://courses-arbuildinglaw.thinkific.com
Check out how we help subbies and tradies just like you on our website www.subcontractors.arbuildinglaw.com.au