New home building laws introduced last week have tightened licence - TopicsExpress

New home building laws introduced last week have tightened licence eligibility to boost consumer protection and stamp out ‘phoenixing’; where a company closes down leaving large unpaid debts, only to re-emerge as a new company trading under a different name. Fair Trading can now consider the conduct of directors, former directors, officers and associates for 3 years before the company was placed into administration. Other licensing changes will crack down on repeat offenders who operate unlicensed or without compulsory insurance. Read up on our licensing FAQs at: bit.ly/1BrWC49

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