Building and Construction Industry Training Fund …...Fund (BCITF) Levy to building and...

Building and Construction Industry Training Fund Levy

in the Western Australian resources sector

2018

Construction Training Fund ctf.wa.gov.au

BCITF Levy in WA’s resources sector

Fact sheet 1 - General guidelines

The Construction Training Fund (CTF) administers The Building and Construction Industry Training Fund and Levy Collection Act 1990 (the Act), which prescribes the application of the Building and Construction Industry Training Fund (BCITF) Levy to building and construction activity in Western Australia.

The BCITF Levy is 0.2% of the value of construction and applies to all works that meet the definition of construction as prescribed in the Act.

As of 1 October 2018, amendments to Regulations associated with the Act come into force.

Amendments to the Regulations affect the way the BCITF Levy applies to construction works undertaken in Western Australia’s resources sector.

Since 1995 and prior to the new Amendments, engineering construction works in the WA resources sector were excluded from the BCITF Levy; and all residential and commercial construction works were included in the scope of the BCITF Levy.

All construction activity commenced in the resources sector on or after 1 October 2018 is subject to the BCITF Levy, unless the works are excluded by terms outlined in the Regulations.

For more information on the BCITF Levy please refer to the Levy and Program Guidelines document available for download from the CTF website.

Key terms

project owner means the person or body responsible for payment of the BCITF Levy

residential or commercial facility means a structure, fixture, works, plant or equipment used or intended tobe used predominantly for or in connection with any of the following—

residential accommodation;

office accommodation;

a kitchen or dining facility;

a recreational facility;

a toilet or ablution facility;

a medical facility;

a laboratory;

a workshop;

a fuel depot;

a warehouse

resources facility means

a structure, fixture or works for or in connection with a resources operation; and,

plant or equipment in, on, or associated with a structure, fixture or works for or in connection with aresources operation

that is not a residential or commercial facility

T 9244 0100 E [email protected] W ctf.wa.gov.au


Fact sheet 1 - General guidelines

Key terms

resources operation means

an operation to explore or drill for, extract, recover, process, treat or refine resources; or

an operation to handle, store or transport

resources; or

products of a resources operation

replacement, alteration, renovation, reconfiguration and relocation relate to existing components,structures and facilities

Key points to note

a project owner must pay the BCITF Levy to the Construction Training Fund (CTF) prior to commencement ofconstruction;

the value of all manufactured goods, including; components; components of and/or complete modules;fixtures; and building materials that are to be constructed, erected, installed, reconstructed, re-erected,renovated, altered, or demolished on a site is to be included in estimating the value of construction,irrespective of the value of the component and/or its country of manufacture;

where a construction project consists of multiple elements that are required in order to complete that project,then the BCITF Levy is to be calculated on the aggregate value of all the elements;

the threshold of $20,000 applies to all construction works not excluded by terms outlined in the Regulations;

the threshold of $10m relates only to works for the replacement, alteration, renovation, reconfiguration orrelocation of existing components, structures or facilities as outlined in the Regulations;

there is no cap on the value of construction to which the BCITF Levy applies;

where construction work is divided, contracted or sub-contracted to multiple entities, the project owner is theperson or body for whose direct benefit all construction work exists upon its completion;

upon completion of the construction works, the project owner must advise CTF of the final value of the works.If the final value varies by more than $25,000, there will be an adjustment made to the amount of BCITF Levythat is to be paid for the completed works.

CTF will provide advice and support to project owners about the application of the BCITF Levy to works in the resources sector.

Employers and/or individuals directly engaged in on-site construction, erection, installation, reconstruction, re-erection, renovation, alteration or demolition activities under the definition of construction in the resources sector may be eligible for CTF training subsidies.

Employers and or/individuals engaged in operational works in the resources sector are not eligible for CTF training subsidies.



Fact sheet 2 - FAQs

1. Who is obliged to pay the BCITF Levy?

A project owner is required to pay the BCITF Levy. In the absence of a building permit (issued in accordance with the Building Act 2011), a project owner is defined as the

(i) person or body for whose direct benefit construction work exists upon its completion; or(ii) if the person or body referred to in (i) has engaged another person or body, other than as an employee, to

carry out or cause to be carried out all of the construction work, the person or body so engaged.

2. When must the levy be paid by the project owner?

A project owner is required to notify the CTF of construction works that are subject to the BCITF Levy and make payment of the appropriate amount prior to the commencement of construction.

3. How is the levy calculated?

The levy is calculated at 0.2% of the value of construction work. For example, the BCITF Levy would be $20,000 for construction works valued at $10m.

Initially, the BCITF Levy is calculated based on the estimated value of construction works and payment is made prior to the commencement of construction. The final value of construction works determines the full amount of BCITF Levy to be paid (refer to Q12).

4. How is the value of construction work estimated?

If there is no contract price for the construction work, then estimating the value of construction in accordance with Schedule 2 of the Act must account for the sum of the value (including the GST) of each of the following relevant components

a) all goods (including manufactured goods) forming part of the construction work; and

b) labour; and

c) services necessary; and

d) fees payable; and

e) overheads to be met; and

f) profit margin

If there is a contract price, that price must include a value for each of the relevant components noted above.

5. Is GST added to the amount of levy calculated for payment?

GST is not added to the amount of levy calculated.

Each of the relevant components in the construction process must already include GST; or, a contract price for construction must also include GST.



Fact sheet 2 - FAQs

6. Can the BCITF Levy be paid in instalments?

The amount of BCITF Levy is calculated according to the estimated value of construction for a project and must be paid in full prior to the commencement of construction.

Where projects are developed in discrete phases, the BCITF Levy is calculated based on the estimated value of the works included in each phase.

For example, a resources company announces a five-year plan to invest $2bn to establish a completely new mine, with $1bn immediately committed to construction of infrastructure required to achieve operational status. The amount of BCITF Levy to be paid will be calculated on the $1bn of construction works.

The BCITF Levy will apply to further new construction works contracted by the company for expansion or enhancement of the mine.

7. A company announces an investment of $1bn to expand operations. $300m of this value is in rollingstock, such as haul trucks, water carts and other vehicles. Is this to be included in the estimated valueof construction?

No; items such as haul trucks, water carts, locomotives, rail cars and vehicles are not part of construction works and will not be included in calculating BCITF Levy payments.

8. Where does revenue from the levy go and how is it used?

Revenue from the BCITF Levy is collected by the CTF.

CTF directs the revenue into programs that support apprenticeships and other entry level training in the building and construction industry; and supplementary training for those who are already working in the industry, including training for work health and safety.

Currently, an employer of a trainee or apprentice may be eligible for a base grant between $3,000 and$10,000 from the CTF, depending on the qualification. Additional supplements and trade bonuses can bringthe total amount available to $25,000 per apprentice.

CTF can subsidise the cost of short-course training by up to 80%.

9. How do these programs benefit the resources sector?

The benefits include

a skilled workforce; equipped to conduct construction works efficiently and safely reduced training costs; either for the individual worker or the company that is employing them and paying for

their training safer work sites, reducing risk and lost time for injury a healthier economy, less susceptible to skill shortages at critical times



Fact sheet 2 - FAQs

10. Will the revenue raised from construction works in the resources sector go directly back into thesector?

There is no direct return of revenue from the BCITF Levy to any construction project or sector from which it is received.

The construction industry covers a range of contexts, enabling multiple industries to carry out their business. Project owners building schools (education), hospitals (health), roads (transport), factories (manufacturing), shopping centres (retail) have paid the BCITF Levy since 1991 and contributed to the training of thousands of apprentices and workers.

Generations of apprentices have become qualified tradespeople and completed construction works across multiple contexts and industry areas, including the resources sector; which, since 1994, has had exclusions from the BCITF Levy.

The additional revenue raised from construction works in the resources sector will support the training of apprentices and industry workers, ensuring that all sectors and contexts contribute to and can draw from a skilled construction workforce.

11. How are BCITF Levy payments made?

Where a building permit is not required, BCITF Levy payments are made directly to the CTF via a secure online system. Project owners are required to provide key information relating to the project, including; description of works, location, estimated value of construction, commencement date and estimated completion date.

Once payment is received, CTF will provide the project owner with a receipt reflecting payment details.

12. Why is a completion date necessary?

CTF requires an estimated completion date to assist project owners with reconciliation of BCITF Levy due, based on the final value of construction.

The initial payment made by a project owner is based on an estimate of the value of construction works.

When the construction works have been completed and the final construction value has varied by more than $25,000 from the estimate, then an adjustment to the amount of levy paid is required.

Where the final construction value is more than $25,000 below the estimated value, CTF will refund an appropriate amount of the levy paid to the project owner.

Where the final construction value is more than $25,000 above the estimated value, the project owner is required to pay an additional amount of levy to the CTF.

13. What happens if a project doesn’t go ahead and the levy has already been paid to the CTF?

CTF will refund to a project owner 100% of the levy paid if a project is cancelled prior to commencement of construction.



Fact sheet 2 - FAQs

14. What happens if the BCITF Levy is not paid by a project owner prior to the commencement ofconstruction – are there penalties?

There are penalties which may apply if a project owner fails to pay the BCITF Levy prior to construction or to notify the CTF of variations in the final value of construction.

An individual can face a penalty of $20,000 for each instance and a company can face a penalty of $50,000 for each instance.

In addition to any penalty and the amount of levy originally due on the construction works, the project owner can be liable to pay a further 100% of the unpaid levy, annualised from the estimated date when construction commenced.

15. What is the meaning of construction work?

The meaning of construction industry and construction work within the Act is the same as defined by the Construction Industry Portable Paid Long Service Leave Act, 1985; which, at its core, is the carrying out of construction, erection, installation, reconstruction, re-erection, renovation, alteration, demolition, maintenance or repairs activities on a site.

16. Will all construction work in the resources sector under this definition be subject to the BCITF Levy?

The amended Regulations now include engineering construction works in the resources industry that were previously excluded from the scope of the BCITF Levy. Works related to resources operational activities are excluded. Residential and commercial construction works remain subject to the BCITF Levy.

17. Does the threshold of $10m apply to all works in the resources sector?

No; the threshold applies only to replacement, renovation, alteration, reconfiguration, refurbishment and relocation works undertaken on existing resources facilities or components of resources facilities. All other construction works with an estimated value greater than $20,000 in the resources sector and not captured by an exclusion outlined in the Regulations are subject to the BCITF Levy.

18. Does the BCITF Levy apply to offshore construction work?

Yes; Section 5 of the Act prescribes the inclusions for offshore construction work. As an example, the construction of an offshore gas platform and associated infrastructure that transports hydrocarbons to an onshore processing plant is subject to the BCITF Levy.



Fact sheet 2 - FAQs

19. Does the BCITF Levy apply to earthworks related to mine rehabilitation?

No; recontouring of land and/or redistribution of strip or overburden to backfill or stabilise land; and/or re-seeding of land affected by resources operations is excluded.

Flooding, sealing, capping and sequestering activities connected with closure and/or decommissioning of resources operations is excluded.

Demolition of structures, components and/or facilities as part of the decommissioning of resources operations is excluded from the BCITF Levy.

20. Why are works for replacement, alteration, renovation, reconfiguration and replacement of resourcesfacilities subject to a threshold?

In recognition of the unique requirements of resources operations, the BCITF Levy will only apply to the replacement, alteration, renovation, reconfiguration or relocation of a resources facility or component of a resources facility when the aggregate value of the associated works is $10m or greater.

This equates to a minimum BCITF Levy value of $20,000.

21. Maintenance or repairs of resources facilities are not subject to the BCITF Levy; however,replacement, alteration, renovation and reconfiguration works are often part of repairs and maintenance schedules. Will these activities be subject to the BCITF Levy if they’re part of a regular maintenance program?

The definition of construction prescribed in the Act excludes maintenance or repairs of a routine or minor nature.

The adjective routine is widely accepted as relating to activity which is performed as part of a regular procedure, rather than for a special reason. Similarly, the adjective minor is accepted as relating to an activity that is comparatively lesser in importance, seriousness or significance.

Maintenance or repairs of a routine or minor nature within a resources operational context would therefore be works that are regular; procedural; or works that are comparatively of lesser significance to operations and are not subject to the BCITF Levy.

The threshold only applies to instances of replacement, alteration, renovation or reconfiguration works of an existing resources facility or component of a resources facility that are not regular; procedural; or are works that have comparative significance to operations; and where the aggregate value of the works is $10m or greater.

22. The Regulations come into force on 1 October 2018. Will the BCITF Levy apply to construction worksthat are currently underway?

The BCITF Levy will only apply to relevant works that commence on or after 1 October and will not be applied retrospectively to works that commenced prior to this date and that are underway.

CTF will consult with project owners to determine the nature of contracts and works to ensure that the BCITF Levy is applied only where appropriate.



Fact sheet 2 - FAQs

23. The amended Regulations extend the application of the BCITF Levy to certain engineeringconstruction works which were previously excluded under Reg 3AA; resources facilities that are notcommercial facilities. What does this mean?

Commercial facilities are infrastructure or structures that are intended predominantly to be used or to contain people; or plants; or machinery; or goods; or livestock.

Examples include

Hospitality—kitchens, cooking and food preparation, dining/mess areas, function rooms

Leisure—sporting facilities, gyms, swimming pools, spas, games rooms, TV/movie theatres/lounges, decks,aquariums

Cultural—prayer rooms, chapels, meeting rooms

Health—first aid, medical centres

Ablutions—bathrooms, toilets, shower areas

Offices—reception, visitor centres, retail

Laboratories

Nurseries and seed banks

Workshops—light and heavy machinery, fabrication shops, tool shops, garages and vehicle shelters, hangars

Transport—sealed roads, unsealed roads (not haul roads), footpaths, hardstands, forecourts, cycleways,runways, airports

Storage, warehouses and depots—cool rooms, fuel, hazardous materials, chemicals, explosives, core libraries



Fact sheet 3 - Inclusions

New and expanded:

mines;

gas and petroleum wells, platforms and rigs;

pipelines;

satellite and hub and spoke mines;

processing facilities;

LNG plants;

refineries;

power facilities (generation, supply andtransmission), except for mobile power supplies;

switchboards;

railways;

port and ship-loading facilities;

airfields;

residential and office accommodation;

commercial buildings such as workshops, fueldepots, laboratories;

liquid and gas storage facilities;

communications infrastructure, signal towersand stations, beacons, lights, cabling andmarkers;

fencing; and

sealed and unsealed roads, bridges andtransportation tunnels.

New mines and associated infrastructure andprocessing facilities which replace an existing, butseparate, mine held by the same company or jointventure; and

New gas or petroleum wells, rigs and associatedinfrastructure and processing facilities whichreplace an existing, but separate, well or rig heldby the same company or joint venture.

Construction work in sinking shafts and tunnels inunderground mines.

Construction work on existing and secured FloatingLNG facilities (not new Floating LNG facilitieswholly constructed overseas).

Construction work in driving in anchor piles,securing chains and hooking up FLNG facilities tothe seabed;

Storage, treatment, supply or disposal of potablewater.

Replacement, alteration, reconfigurationrefurbishment or relocation of 1 or more resourcesfacilities or components of resources facilitieswhere the value in aggregate of the works is $10million or greater – this includes pipelines, iron orestackers, LNG trains or components of an LNGtrain, processing facilities and refineries.

Repairs, maintenance, renovation, reconfiguration,refurbishment, alteration and relocation ofresidential and commercial facilities

Earthworks for site preparation in all of the aboveexamples

Further to the works prescribed under the definition of construction industry in S3 of the Construction Industry Portable Paid Long Service Leave Act 1985, examples of construction work subject to the BCITF Levy in WA’s resources sector include:



Fact sheet 3 - Exclusions

The following construction works are excluded from the BCITF Levy when undertaken in the WA resources sector

Works which are associated with

a) Resources operational work (unless the work is on, results in, or otherwise relates to, a residential orcommercial facility) work associated with exploration or drilling for resources; Work associated with exploration or drilling for the purposes of a geosequestration process; work on or resulting in an unsealed haul road or track that is associated with a resources operation work on or resulting in a structure that is:

for the storage, treatment, supply or disposal of non-potable water; and associated with a resources operation;

work on or resulting in a structure that is: for the storage of tailings, overburden or waste; and associated with a resources operation;

work for the excavation or back-filling of soil or overburden that is associated with a resources operation; work for the environmental remediation, restoration or rehabilitation of ground disturbed by a resources

operation; work for the closure or decommissioning of 1 or more resources facilities (including work associated with

environmental remediation, restoration or rehabilitation);

b) Repair and maintenance work for the repair or maintenance of 1 or more resources facilities

c) Work associated with relocationwork for the relocation of 1 or more existing resources facilities or a 1 or more components of a resourcesfacility, if the value in aggregate of the work, estimated in accordance with Schedule 2 of the Act is $10 millionor less

d) Work associated with replacement, renovation, alteration, reconfiguration or refurbishment work for the replacement, renovation, alteration, reconfiguration or refurbishment—or any combination of

these activities—of 1 or more resources facilities, if the value in aggregate of the work, estimated inaccordance with Schedule 2 of the Act, is $10 million or less where the facility has been, is being, or is tobe closed or decommissioned.



Fact sheet 4 - How to pay the BCITF Levy

Most companies involved in WA’s resources sector will receive correspondence from CTF about the amendments to the Regulations during October 2018.

CTF will meet with key personnel to ensure that project owners in the resources sector are informed about the BCITF Levy and how it will apply to construction works within their resources activities.

Project owners in the WA resources sector will need to create an account with the CTF in order to pay the BCITF Levy using the CTF’s secure online payment system.

A CTF account provides project owners with the ability to lodge multiple projects and update relevant details as necessary.

Payments via the online system can be made by EFT or credit card. Receipts are issued by CTF immediately payment is confirmed.

Contact CTF on 9244 0100 to create an account for managing online payments.



Fact sheet 5 - Examples


ABC Alumina is expanding its capacity and is building additional infrastructure at an existing mine. The infrastructure includes a conveyor, crusher, fuel depot, mobile plant maintenance depot and switching room.

All elements of the construction work in this expansion are subject to the BCITF Levy as they are all new construction.

Expansion of its operations means that DEF Gold will build a new communications room at its Shannon operations near Laverton . The estimated value of the works is $260,000.

DEF Gold also plans to construct a new unsealed access road from the public highway to the entrance of its operations. The estimated cost of this work is $450,000.

DEF is also relocating its existing fuel depot ($850,000) and will construct new haul roads ($350,000) as part of the expansion.

The BCITF Levy will apply to works for the communications room and the unsealed access road as they are new construction works. The BCITF Levy will also apply to works for the fuel depot (commercial facilities). The new haul roads are part of core operations and are not subject to the BCITF Levy.

GHI Energy has scheduled a complete shutdown of its entire on-shore LNG plant for routine maintenance.

This work is not subject to the BCITF Levy as it is routine maintenance and considered to be part of resources operational works.

GHI Energy has scheduled a complete shutdown of its entire on-shore LNG plant for maintenance; and is taking the opportunity to replace distillation towers and pipework in Train 1 during the shutdown. The estimated value of the works to facilitate the replacement is $45m.

The BCITF Levy would apply only to the $45m value of the works to replace the towers and the pipework, taking place during the shutdown. The replacement of these items is construction work additional to routine maintenance and is above the threshold of $10m.

JKL Iron Ore is relocating 60 dongas from its Tipperary Creek operations to Wicklow Downs to increase accommodation facilities. The estimated cost is $8.5m.

The BCITF Levy will apply to these residential construction works.

JKL is also resurfacing the runway at its airfield servicing both operations. The estimated cost of this is $1.8m.

As it is not a resources facility, the works to resurface the runway are subject to the BCITF Levy.




MNO Oil and Gas budgets $50m annually for routine maintenance to its pipeline system between a wellhead in the Browse Basin and an onshore plant near Dampier. Inspection reveals that several pumps and lengths of pipeline must be replaced. The replacement work is estimated to add $22m to the annual budget.

The BCITF Levy will apply only to the estimated $22m replacement of the pumps and pipeline as the works have an estimated value higher than the threshold of $10m.

MNO Oil and Gas is planning a significant expansion of both on and off shore facilities. The estimated investment is $15b over five years, commencing in 2020.

The CTF will work closely with MNO Oil and Gas to determine; a timeline of planned development and development phases; how construction works will be packaged and executed over the development of the project; and, which elements – if any – may be excluded.

PQR Resources has awarded STU Civil Contractors a five-year contract for mining operations at its Kerry and Salthill sites in the Goldfields. The contract is worth $700m for drilling, blasting, loading and hauling services.

The BCITF Levy will not apply as the works are resources operational works.

VWX Energy is deploying a new FLNG plant at a well in the Browse Basin. The FLNG plant was built in Korea and works to construct this are not subject to the BCITF Levy.

The works associated with infrastructure to secure the FLNG plant into position are subject to the BCITF Levy.

YZ1 Energy is undertaking a $2.5billion geosequestration carbon capture and storage project. Carbon dioxide, which occurs with the natural gas methane, is stripped from the gas before it is liquefied for export. The geosequestration process involves compressing the separated carbon dioxide and piping it to nine injection wells where it is then injected into a natural geological reservoir more than two kilometres below the sea bed.

The construction component of the $2.5 billion geosequestration carbon capture and storage facility is subject to the BCITF Levy.

CD3 Minerals will engage two separate contractors to replace a crusher at its Donegal Flats operation in the Pilbara. The estimated value of the complete project is $17m; The work performed by Contractor A is estimated at $9m and the work performed by Contractor B is estimated at $8m.

The BCITF Levy will apply to the $17m, as this is the aggregate value of works required to complete the project.

EF4 Iron Ore is renovating mess facilities at its Kilkenny accommodation camp in the Pilbara. The works will include new flooring, plumbing and tiling fixtures in wet areas and repainting of internal walls. The estimated cost is $130,000.

The BCITF Levy will apply to the renovation works as they are works on commercial buildings.




GH5 Minerals intends to perform routine maintenance on a berth at its facility at Port Hedland, estimated at $15m.

The BCITF Levy will not apply to the maintenance works on the berth as it is a facility connected to a resources operation.

In separate works, GH5 Minerals is also installing a new communications building and refurbishing existing offices connected to its port facilities. The value of these works is estimated at $2.5m

The BCITF Levy will apply to the construction of the new communications building and the refurbishment of the offices as they are both commercial facilities.

AB2 Gas and Oil is planning to refurbish and refit an offshore platform that has been in use since 1998. The estimated cost is $200m

The BCITF Levy will apply to the refurbishment works as they exceed the threshold of $10m.

IJ6 Metals has engaged KL7 Contracting as head contractor to deliver Phase 1 of expansion to its Drogheda lithium mine in the south west. The estimated value of the works lead by KL7 is $420m.

The BCITF Levy applies to the estimated value of $420m as the works are construction of new facilities to expand the operation.

LM8 Salt is undertaking maintenance to its fuel depot, heavy vehicle workshop and forecourts. The work involves sandblasting, repainting, electrical upgrades, concreting and bitumen work. The estimated value of the works is $850,000.

The BCITF Levy will apply as the maintenance work is on commercial buildings.

NO9 Metals is replacing HV switching panels and existing wiring for its crusher and conveyor systems at its site in the south west. The estimated value of works is $580,000.

These works are not subject to the BCITF Levy as the replacement works are on resources facilities and under the threshold of $10m.

NO9 Metals is contracting the same electrical contractor to replace wiring in its site offices to accommodate new fibre for communications. The estimated value of works is $120,000.

The BCITF Levy will apply to these works as they are commercial facilities.

PQ1 Resources contracts RS2 Rail Solutions to maintain all aspects of its rail network, including tracks and switching. PQ1 estimates that continual and routine maintenance of these rail facilities is $6.5m annually.

RS2 Rail Solutions is also constructing three new sidings for PQ1 Resources at an estimated cost of $15m.

The BCITF Levy will apply to the $15m construction of new sidings but not to the $6.5m contract for routine maintenance of the rail network, which is a resources facility.




Alumina producer TU3 Resources has entered into a contract to progressively replace all of its conveyors, along with its digestion processing facilities on its site in the south west due to wear and tear . This will mitigate the estimated significant cost in repairing and maintaining these facilities over the long term. The estimated cost of this work is $70m.

The BCITF Levy will apply to these works as the aggregate value of the works to complete the project exceeds the threshold of $10m.

WX4 Metals is planning to refurbish a nickel mine and processing plant which has been idled for some years. The aggregate value of refurbishing the existing facilities associated with the plant in preparation for commissioning and start-up is estimated at $25m.

The BCITF Levy will apply to as the aggregate value of $25m is above the $10m threshold

YZ5 Energy is replacing air conditioning units in workers’ dongas at its Rathnew site as part of ongoing maintenance. The estimated cost is $500,000.

The BCITF Levy will apply as the maintenance and replacement is for accommodation facilities.

YZ5 Energy is engaging a contractor to maintain and repair a section of steel framing on Train 2 at its LNG plant. The estimated cost of this maintenance work is $1.5m

The BCITF Levy will not apply to the repairs and maintenance of the LNG train.

ZAB Gold is extending its Large Pit and as a result must relocate a stacker to allow for the expansion. The cost of this relocation is $10m

The BCITF Levy will apply to the relocation of the stacker as the value exceeds the threshold for works less than $10m.

As part of the pit expansion, ZAB will also relocate its tailings facility, water treatment facility and build new haul roads, with an aggregate value of $12m.

The BCITF Levy will not apply to any of these works as they are specifically excluded in the Regulations as resources operational works.

Building and Construction Industry Training Fund …...Fund (BCITF) Levy to building and...

Documents

Transcript of Building and Construction Industry Training Fund …...Fund (BCITF) Levy to building and...