Building Legislation – Company Registration Requirement as at 01 July 2018

On 1 July 2018, building legislation will change to allow a company to be registered as a building practitioner with the Victorian Building Authority (VBA).
From then on:
# a company must be registered to enter into a major domestic building contract in the name of a company;
# a company must be registered to be named as a builder on a building permit for major domestic building work, or non-domestic building work valued at over (in most cases) $10,000.

What happens if a company is not registered?
# After 1 July 2018, the company will not be able to enter into any new major domestic building contracts, and cannot be named as a builder on any new building permit for major domestic building work or non-domestic building work valued at over (in most cases) $10,000.
# However, any work entered into under a company name before 1 July 2018 may be completed.

# An individual can continue to enter into major domestic building contracts and building permits in their individual name if they are a registered building practitioner. However, the name of the builder in the contract and the name on the insurance certificate must be identical.

If you are unsure what this means for you please contact the VBA 1300 815 127