You will need this registration if you intend to undertake work above the value of $12,000 as a restricted residential building contractor. This registration is restricted to the construction of class 1a, class 2 (one or two storeys) and class 10 buildings, including:
- units of one or two storeys
- garages, sheds or carports - if they are constructed at the same time as the flat or unit
- retaining walls that supports the integrity of the building.
If you are an interstate applicant, you may be eligible to obtain a licence through mutual recognition. You can apply for this registration as an individual or a company.
All restricted registrations will be required to maintain net tangible assets of at least $50,000 for the duration of your registration period.