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    Residential Focus: Track record of insolvency - implications for licensing
    2024-05-01

    Track record of insolvency – implications for licensing

    A recent decision of the Tribunal, affirming a licensing decision under the Home Building Act 1989 (HB Act) of the regulator to refuse an application to renew a qualified supervisor certificate, reveals the keen focus of the regulator on using its licensing powers to clean up the industry.

    The applicant before the Tribunal was the director, secretary and controlling mind of a company licensed under the HB Act and was its nominated supervisor.

    Filed under:
    Australia, New South Wales, Insolvency & Restructuring, Litigation, Real Estate, Holding Redlich, Liquidation, Affordable housing, Cladding, Competition and Consumer Act 2010 (Australia), Environmental Planning and Assessment Act 1979 (New South Wales) (Australia)
    Authors:
    Christine Jones
    Location:
    Australia
    Firm:
    Holding Redlich
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