Queensland Consolidated Acts

DOMESTIC BUILDING CONTRACTS ACT 2000 - SECT 64

(1) The building contractor under a regulated contract must not, before starting to provide the contracted services, demand or receive a deposit under the contract of more than--

(a) if the contract price is equal to or more than the set amount--5% of the contract price; or

(b) if the contract price is less than the set amount--10% of the contract price.

Maximum penalty--100 penalty units.

(2) In this section, a reference to the contract price for a contract includes, for a cost plus contract, a reference to the contract estimated amount for the contract.

(3) In this section--

set amount means--

(a) the amount, above $20000, prescribed under a regulation as the set amount; or

(b) if an amount is not prescribed for paragraph (a)--$20000.