As part of an application, you will need to attach a rating report that has been prepared by an approved rating entity. That a rating report will cover each of the suitability requirements. Details on obtaining and submitting a rating report as part of a licence application will be made available before the scheme opens for applications.
The Registrar will use the rating report to help inform a decision to grant a licence (with or without conditions) or refuse a licence.
To be suitable to undertake residential development activities, the Construction Occupations Registrar (the Registrar) will look at the following:
- your character
- history of compliance (e.g. if you have had regulatory action taken against yourself or been convicted of an offence against a law that affects your suitability to undertake residential development activities)
- ability to demonstrate compliance with the Act or relevant laws
- operational and financial ability to be a property developer (e.g. past performance and credit history)
- competency requirements check (if any)
- history of cancelled or suspended licence.
If you are applying for a licence as a corporation, the Registrar may also look at the following:
- any associated entities or key persons
- former associated entities or key persons.
If you are applying for a licence as an individual, the Registrar will also look at whether you:
- have been insolvent
- were an executive officer of a corporation within 2 years before the corporation went into administration, receivership or liquidation
- have been disqualified from managing a corporation.
