STATUTORY DEBT NEGOTIATIONS

Statutory debts pursuant to the Queensland Building and Construction Commission Act 1991 can arise generally as follows:

  • An insurance payment from the statutory insurance scheme where the licensee has been held accountable; or
  • Via tribunal disciplinary proceedings or SPER; or
  • By way of extension to Company officers via section 111C of the Act (statutory personal liability).

Building disputes are by nature often complicated and costly matters to resolve. JOBA Management Services are experienced intermediaries who will seek to build an understanding between the licensee and the QBCC to the mutual benefit of all parties.

The introduction of a professional experienced intermediary will often be welcomed by the QBCC as it will encourage objective discussion without the inherent emotions.

A successful informal process such as this will reduce costs for the debtor and the QBCC, improve financial outcomes for all parties and avoid the stigma and commercial inconvenience that QBCC litigation, potential licence loss and terminal administrations create.

ARITA | EIGHT ESSENTIAL STEPS

We know that the impact of the last bushfire season and now Covid-19 is causing significant distress to business. Indeed, for many businesses, cash flow has slowed to a trickle or even stopped completely.

Read about the eight essential steps to take to deal with this type of crisis in your business.

View PDF ...  | ARITA – Eight Essential Steps