Queensland Consolidated Acts Queensland Consolidated Acts(1) A building contractor must not enter into a regulated contract for which there is an associated third party amount unless--
(a) the contract states that the cost of the work or thing to which the amount relates is not included in the contract price; and
(b) the statement appears as near as practicable to the first reference in the contract to the contract price.
Maximum penalty--40 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.