Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Schedule 2—Director identification numbers

Schedule 2 Director identification numbers

   

Corporations (Aboriginal and Torres Strait Islander) Act 2006

1  After paragraph 21-1(3)(e)

Insert:

                    (ea)  the person’s director identification number, or the fact that the person does not have a director identification number;

2  After paragraph 22-1(4)(d)

Insert:

                   (da)  the person’s director identification number, or the fact that the person does not have a director identification number;

3  After paragraph 23-1(4)(d)

Insert:

                   (da)  the person’s director identification number, or the fact that the person does not have a director identification number;

4  Subsection 304-5(4)

Repeal the subsection, substitute:

             (4)  The personal details of a person who is a director, alternate director, secretary or contact person are:

                     (a)  the person’s given and family names; and

                     (b)  all of the person’s former given and family names; and

                     (c)  the person’s date and place of birth; and

                     (d)  the person’s address; and

                     (e)  the person’s director identification number, or the fact that the person does not have a director identification number.

Note:          For address , see section 304-15.

5  After Part 6-7

Insert:

Part 6-7A Director identification numbers

   

308-1   What this Part is about

Directors of Aboriginal and Torres Strait Islander corporations, and possibly other officers, are required to have director identification numbers. The Commonwealth Registrar gives director identification numbers on application from those directors or other officers.

Note:          The Commonwealth Registrar is appointed under the Commonwealth Registers Act 2019 : see section 694-120 of this Act.

308-5   Giving and cancelling director identification numbers

             (1)  The Commonwealth Registrar must, by notifying a person who has applied under section 308-10, give the person a director identification number if the Commonwealth Registrar is satisfied that the person’s identity has been established.

             (2)  The Commonwealth Registrar must make a record of the person’s director identification number.

             (3)  The Commonwealth Registrar may, by notifying a person, cancel the person’s director identification number if:

                     (a)  the Commonwealth Registrar is no longer satisfied that the person’s identity has been established; or

                     (b)  the Commonwealth Registrar has given the person another director identification number.

             (4)  If:

                     (a)  at the time the person is given a director identification number under this section, the person is not an eligible officer; and

                     (b)  the person does not, within 12 months after that time, become an eligible officer;

the person’s director identification number is taken to have been cancelled at the end of the 12 month period.

308-10   Applying for a director identification number

             (1)  An eligible officer may apply to the Commonwealth Registrar for a director identification number if the officer does not already have a director identification number.

             (2)  The Commonwealth Registrar may direct an eligible officer to apply to the Commonwealth Registrar for a director identification number (whether or not the officer already has a director identification number).

             (3)  A person who is not an eligible officer may apply to the Commonwealth Registrar for a director identification number if:

                     (a)  the person intends to become an eligible officer within 12 months after applying; and

                     (b)  the person does not already have a director identification number.

             (4)  An application for a director identification number must meet any requirements of the data standards.

Note:          A person may commit an offence if the person knowingly gives false or misleading information (see section 561-1 of this Act and section 137.1 of the Criminal Code ).

308-15   Eligible officers

             (1)  An eligible officer is:

                     (a)  a director of an Aboriginal and Torres Strait Islander corporation who:

                              (i)  is appointed to the position of a director; or

                             (ii)  is appointed to the position of an alternate director and is acting in that capacity;

                            regardless of the name that is given to that position; or

                     (b)  any other officer of an Aboriginal and Torres Strait Islander corporation who is an officer of a kind prescribed by the regulations;

but does not include a person covered by a determination under subsection (2) or (3).

             (2)  The Commonwealth Registrar may determine that a particular person is not an eligible officer . The Commonwealth Registrar must notify the person of the determination.

             (3)  The Commonwealth Registrar may, by legislative instrument, determine that a class of persons are not eligible officers .

308-20   Requirement to have a director identification number

             (1)  An eligible officer commits an offence if the officer does not have a director identification number.

Penalty:  25 penalty units.

             (2)  Subsection (1) does not apply if:

                     (a)  the officer applied to the Commonwealth Registrar under section 308-10 for a director identification number:

                              (i)  before the day the officer first became an eligible officer (or an eligible officer within the meaning of the Corporations Act 2001 ); or

                             (ii)  if the regulations specify an application period—within that period, starting at the start of that day; or

                            (iii)  within the longer period (if any) the Commonwealth Registrar allows under section 308-30, starting at the start of that day; and

                     (b)  the application, and any reviews arising out of it, have not been finally determined or otherwise disposed of.

Note:          A defendant bears an evidential burden in relation to the matters in subsection (2): see subsection 13.3(3) of the Criminal Code .

             (3)  Subsection (1) does not apply if the officer became an eligible officer without the officer’s knowledge.

Note:          A defendant bears an evidential burden in relation to the matter in subsection (3): see subsection 13.3(3) of the Criminal Code .

             (4)  An offence based on subsection (1) is an offence of strict liability.

Note:          For strict liability , see section 6.1 of the Criminal Code .

             (5)  A person who contravenes, or is involved in a contravention of, subsection (1) contravenes this subsection.

Note 1:       This subsection is a civil penalty provision (see section 386-1).

Note 2:       Section 694-55 defines involved in .

308-25   Requirement to apply for a director identification number

             (1)  An eligible officer commits an offence if:

                     (a)  the Commonwealth Registrar, under subsection 308-10(2), directs the officer to apply for a director identification number; and

                     (b)  the officer does not apply to the Commonwealth Registrar under section 308-10 for a director identification number:

                              (i)  within the application period under subsection (2) of this section; or

                             (ii)  within such longer period as the Commonwealth Registrar allows under section 308-30.

Penalty:  25 penalty units.

             (2)  The application period is the period of:

                     (a)  the number of days specified in the direction; or

                     (b)  if the number of days is not specified in the direction—28 days;

after the day the Commonwealth Registrar gives the direction.

             (3)  An offence against subsection (1) is an offence of strict liability.

Note:          For strict liability , see section 6.1 of the Criminal Code .

             (4)  A person who contravenes, or is involved in a contravention of, subsection (1) contravenes this subsection.

Note 1:       This subsection is a civil penalty provision (see section 386-1).

Note 2:       Section 694-55 defines involved in .

308-30   Commonwealth Registrar may extend application periods

             (1)  The Commonwealth Registrar may, on the application of an eligible officer, allow, as a longer period for applying to the Commonwealth Registrar under section 308-10 for a director identification number:

                     (a)  the period specified in the application; or

                     (b)  such other period as the Commonwealth Registrar considers reasonable.

Note:          An application for an extension of the period for applying can be made, and the period can be extended, after the period has ended: see section 694-50.

             (2)  The Commonwealth Registrar may, by legislative instrument, allow, for persons included in a specified class of persons, a longer period for applying to the Commonwealth Registrar under section 308-10 for a director identification number.

308-35   Infringement notices

             (1)  Subsections 308-20(1) and 308-25(1) are subject to an infringement notice under Part 5 of the Regulatory Powers Act.

Note:          Part 5 of the Regulatory Powers Act creates a framework for using infringement notices in relation to provisions.

Infringement officer

             (2)  For the purposes of Part 5 of the Regulatory Powers Act, each member of the staff of the Commonwealth Registrar who holds, or is acting in, an office or position that is equivalent to an SES employee is an infringement officer in relation to subsections 308-20(1) and 308-25(1) of this Act.

Relevant chief executive

             (3)  For the purposes of Part 5 of the Regulatory Powers Act, the relevant chief executive in relation to subsections 308-20(1) and 308-25(1) of this Act is:

                     (a)  the person specified as the relevant chief executive in the Commonwealth Registrar’s instrument of appointment under section 6 of the Commonwealth Registers Act 2019 ; or

                     (b)  if there is no person specified—the Commonwealth Registrar.

Matters to be included in an infringement notice

             (4)  Subparagraph 104(1)(e)(iii) of the Regulatory Powers Act applies to an infringement notice relating to an alleged contravention of subsection 308-20(1) or 308-25(1) of this Act as if that subparagraph did not require the notice to give details of the place of the contravention.

308-40   Applying for additional director identification numbers

             (1)  A person commits an offence if:

                     (a)  the person applies for a director identification number; and

                     (b)  the person knows that the person already has a director identification number.

Penalty:  100 penalty units or imprisonment for 12 months, or both.

             (2)  Subsection (1) does not apply if the Commonwealth Registrar directed the person under subsection 308-10(2) to make the application.

Note:          A defendant bears an evidential burden in relation to the matter in subsection (2): see subsection 13.3(3) of the Criminal Code .

             (3)  Subsection (1) does not apply if the person purports to make the application only in relation to Part 9.1A of the Corporations Act 2001 .

Note:          A defendant bears an evidential burden in relation to the matter in subsection (3): see subsection 13.3(3) of the Criminal Code .

             (4)  A person who contravenes, or is involved in a contravention of, subsection (1) contravenes this subsection.

Note 1:       This subsection is a civil penalty provision (see section 386-1).

Note 2:       Section 694-55 defines involved in .

308-45   Misrepresenting director identification numbers

             (1)  A person commits an offence if the person intentionally represents to an Aboriginal and Torres Strait Islander corporation, as the director identification number of the person or another person, a number that is not that director identification number.

Penalty:  100 penalty units or imprisonment for 12 months, or both.

             (2)  A person who contravenes, or is involved in a contravention of, subsection (1) contravenes this subsection.

Note 1:       This subsection is a civil penalty provision (see section 386-1).

Note 2:       Section 694-55 defines involved in .

6  After paragraph 386-1(1)(b)

Insert:

                   (ba)  subsections 308-20(5), 308-25(4), 308-40(4) and 308-45(2) (director identification numbers);

7  At the end of Part 17-2

Add:

694-120   Commonwealth Registrar

                   A reference in this Act to the Commonwealth Registrar is a reference to:

                     (a)  if only one Commonwealth body is appointed under section 6 of the Commonwealth Registers Act 2019 —that body; or

                     (b)  if more than one Commonwealth body is appointed under that section, but only one Commonwealth body is appointed under that section with functions and powers in connection with this Act—the Commonwealth body appointed under that section with those functions and powers; or

                     (c)  if more than one Commonwealth body is appointed under that section, and more than one Commonwealth body is appointed under that section with functions and powers in connection with this Act:

                              (i)  if the reference relates to one or more particular functions or powers—any Commonwealth body appointed with any of those particular functions or powers; or

                             (ii)  otherwise—any of the Commonwealth bodies appointed under that section with functions and powers in connection with this Act.

8  Section 700-1

Insert:

Commonwealth body has the same meaning as in the Commonwealth Registers Act 2019 .

Commonwealth Registrar has the meaning given by section 694-120.

data standards means standards made by the Registrar under section 13 of the Commonwealth Registers Act 2019 to the extent that they relate to the Registrar’s functions or powers in connection with this Act.

director identification number means a director identification number given under:

                     (a)  section 308-5; or

                     (b)  section 1272 of the Corporations Act 2001 .

eligible officer has the meaning given by section 308-15.

Regulatory Powers Act means the Regulatory Powers (Standard Provisions) Act 2014 .

9  Application of amendments

(1)       The amendments of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 made by this Schedule apply on and after the day (the application day ) the Minister appoints, under section 6 of the Commonwealth Registers Act 2019 :

                     (a)  a Commonwealth body (within the meaning of that Act) to be the Registrar (within the meaning of that Act); or

                     (b)  if more than one such body is appointed—such a body with functions and powers in connection with Part 6.7A of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 as amended by this Act.

(2)       If a person was an eligible officer immediately before the application day:

                     (a)  if a period (the transitional application period ) is specified under subsection (3) of this section—section 308-20 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 as amended by this Act applies to the person as if:

                              (i)  the reference in subparagraph 308-20(2)(a)(ii) of that Act as so amended to an application period specified by regulations were instead a reference to the transitional application period; and

                             (ii)  references in paragraph 308-20(2)(a) of that Act as so amended to the day the person first became an eligible officer (or an eligible officer within the meaning of the Corporations Act 2001 ) were instead references to the day the transitional application period came into effect; and

                     (b)  until the transitional application period comes into effect—section 308-20 of that Act as so amended does not apply to the person.

(3)       The Minister may, by legislative instrument, specify the transitional application period for the purposes of subsection (2).

(4)       If a person:

                     (a)  was not an eligible officer immediately before the application day; and

                     (b)  becomes an eligible officer within the 12 month period starting on the application day;

section 308-20 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 as amended by this Act applies to the person as if a period of 28 days were the application period specified in regulations made for the purposes of subparagraph 308-20(2)(a)(ii) of that Act as so amended.

Corporations Act 2001

10  Section 9

Insert:

director identification number means a director identification number given under:

                     (a)  section 1272; or

                     (b)  section 308-5 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 .

eligible officer has the meaning given by section 1272B.

11  Before Part 9.1

Insert:

Part 9.1A Director identification numbers

   

1272   Giving and cancelling director identification numbers

             (1)  The Registrar must, by notifying a person who has applied under section 1272A, give the person a director identification number if the Registrar is satisfied that the person’s identity has been established.

             (2)  The Registrar must make a record of the person’s director identification number.

             (3)  The Registrar may, by notifying a person, cancel the person’s director identification number if:

                     (a)  the Registrar is no longer satisfied that the person’s identity has been established; or

                     (b)  the Registrar has given the person another director identification number.

             (4)  If:

                     (a)  at the time the person is given a director identification number under this section, the person is not an eligible officer; and

                     (b)  the person does not, within 12 months after that time, become an eligible officer;

the person’s director identification number is taken to have been cancelled at the end of the 12 month period.

1272A   Applying for a director identification number

             (1)  An eligible officer may apply to the Registrar for a director identification number if the officer does not already have a director identification number.

             (2)  The Registrar may direct an eligible officer to apply to the Registrar for a director identification number (whether or not the officer already has a director identification number).

             (3)  A person who is not an eligible officer may apply to the Registrar for a director identification number if:

                     (a)  the person intends to become an eligible officer within 12 months after applying; and

                     (b)  the person does not already have a director identification number.

             (4)  An application for a director identification number must meet any requirements of the data standards.

Note:          A person may commit an offence if the person knowingly gives false or misleading information (see section 1308 of this Act and section 137.1 of the Criminal Code ).

1272B   Eligible officers

             (1)  An eligible officer is:

                     (a)  a director of a company, or of a body corporate that is a registered Australian body or registered foreign company, who:

                              (i)  is appointed to the position of a director; or

                             (ii)  is appointed to the position of an alternate director and is acting in that capacity;

                            regardless of the name that is given to that position; or

                     (b)  any other officer of a company, or of a body corporate that is a registered Australian body or registered foreign company, who is an officer of a kind prescribed by the regulations;

but does not include a person covered by a determination under subsection (2) or (3).

             (2)  The Registrar may determine that a particular person is not an eligible officer . The Registrar must notify the person of the determination.

             (3)  The Registrar may, by legislative instrument, determine that a class of persons are not eligible officers .

1272C   Requirement to have a director identification number

             (1)  An eligible officer must have a director identification number.

             (2)  Subsection (1) does not apply if:

                     (a)  the officer applied to the Registrar under section 1272A for a director identification number:

                              (i)  before the day the officer first became an eligible officer (or an eligible officer within the meaning of the Corporations Act (Aboriginal and Torres Strait Islander) Act 2006 ); or

                             (ii)  if the regulations specify an application period—within that period, starting at the start of that day; or

                            (iii)  within the longer period (if any) the Registrar allows under section 1272E, starting at the start of that day; and

                     (b)  the application, and any reviews arising out of it, have not been finally determined or otherwise disposed of.

Note:          A defendant bears an evidential burden in relation to the matters in subsection (2): see subsection 13.3(3) of the Criminal Code .

             (3)  Subsection (1) does not apply if the officer became an eligible officer without the officer’s knowledge.

Note:          A defendant bears an evidential burden in relation to the matter in subsection (3): see subsection 13.3(3) of the Criminal Code .

             (4)  An offence based on subsection (1) is an offence of strict liability.

Note:          For strict liability , see section 6.1 of the Criminal Code .

             (5)  A person who contravenes, or is involved in a contravention of, subsection (1) contravenes this subsection.

Note 1:       Subsection (5) is a civil penalty provision (see section 1317E).

Note 2:       Section 79 defines involved .

1272D   Requirement to apply for a director identification number

             (1)  An eligible officer whom the Registrar has directed under subsection 1272A(2) to apply for a director identification number must apply to the Registrar under section 1272A for a director identification number:

                     (a)  within the application period under subsection (2) of this section; or

                     (b)  within such longer period as the Registrar allows under section 1272E.

             (2)  The application period is the period of:

                     (a)  the number of days specified in the direction; or

                     (b)  if the number of days is not specified in the direction—28 days;

after the day the Registrar gives the direction.

             (3)  An offence based on subsection (1) is an offence of strict liability.

Note:          For strict liability , see section 6.1 of the Criminal Code .

             (4)  A person who contravenes, or is involved in a contravention of, subsection (1) contravenes this subsection.

Note 1:       Subsection (3) is a civil penalty provision (see section 1317E).

Note 2:       Section 79 defines involved .

1272E   Registrar may extend application periods

             (1)  The Registrar may, on the application of an eligible officer, allow, as a longer period for applying to the Registrar under section 1272A for a director identification number:

                     (a)  the period specified in the application; or

                     (b)  such other period as the Registrar considers reasonable.

Note:          An application for an extension of the period for applying can be made, and the period can be extended, after the period has ended: see section 70.

             (2)  The Registrar may, by legislative instrument, allow, for persons included in a specified class of persons, a longer period for applying to the Registrar under section 1272A for a director identification number.

1272F   Infringement notices

             (1)  Subsections 1272C(1) and 1272D(1) are subject to an infringement notice under Part 5 of the Regulatory Powers Act.

Note:          Part 5 of the Regulatory Powers Act creates a framework for using infringement notices in relation to provisions.

Infringement officer

             (2)  For the purposes of Part 5 of the Regulatory Powers Act, each member of the staff of the Registrar who holds, or is acting in, an office or position that is equivalent to an SES employee is an infringement officer in relation to subsections 1272C(1) and 1272D(1) of this Act.

Relevant chief executive

             (3)  For the purposes of Part 5 of the Regulatory Powers Act, the relevant chief executive in relation to subsections 1272C(1) and 1272D(1) of this Act is:

                     (a)  the person specified as the relevant chief executive in the Registrar’s instrument of appointment under section 1270; or

                     (b)  if there is no person specified—the Registrar.

Matters to be included in an infringement notice

             (4)  Subparagraph 104(1)(e)(iii) of the Regulatory Powers Act applies to an infringement notice relating to a contravention of subsection 1272C(1) or 1272D(1) of this Act as if that subparagraph did not require the notice to give details of the place of the contravention.

1272G   Applying for additional director identification numbers

             (1)  A person must not apply for a director identification number if the person knows that the person already has a director identification number.

Note:          Failure to comply with this subsection is an offence: see subsection 1311(1).

             (2)  Subsection (1) does not apply if the Registrar directed the person under subsection 1272A(2) to make the application.

Note:          A defendant bears an evidential burden in relation to the matter in subsection (2): see subsection 13.3(3) of the Criminal Code .

             (3)  Subsection (1) does not apply if the person purports to make the application only in relation to Part 6.7A of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 .

Note:          A defendant bears an evidential burden in relation to the matter in subsection (3): see subsection 13.3(3) of the Criminal Code .

             (4)  A person who contravenes, or is involved in a contravention of, subsection (1) contravenes this subsection.

Note 1:       Subsection (4) is a civil penalty provision (see section 1317E).

Note 2:       Section 79 defines involved .

1272H   Misrepresenting director identification numbers

             (1)  A person must not intentionally represent to a Commonwealth body, company or registered body, as the director identification number of the person or another person, a number that is not that director identification number.

Note:          Failure to comply with this subsection is an offence: see subsection 1311(1).

             (2)  A person who contravenes, or is involved in a contravention of, subsection (1) contravenes this subsection.

Note 1:       Subsection (2) is a civil penalty provision (see section 1317E).

Note 2:       Section 79 defines involved .

12  Subsection 1317E(1) (after table item 45A)

Insert:

45B

subsection 1272C(5)

requirement to have a director identification number

45C

subsection 1272D(4)

requirement to apply for a director identification number

45D

subsection 1272G(4)

applying for additional director identification numbers

45E

subsection 1272H(2)

misrepresenting a director identification number

Note:       This item does not commence at all if Schedule 1 to the Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Act 2019 commences before or on the same day as the provisions covered by table item 4 in subsection 2(1) of this Act. See table item 5 in subsection 2(1) of this Act.

13  In the appropriate position in subsection 1317E(3)

Insert:

Subsection 1272C(5)

requirement to have a director identification number

financial services

Subsection 1272D(4)

requirement to apply for a director identification number

financial services

Subsection 1272G(4)

applying for additional director identification numbers

financial services

Subsection 1272H(2)

misrepresenting a director identification number

financial services

14  In the appropriate position in Chapter 10

Insert:

Part 10.35 Transitional provisions relating to Schedule 2 to the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2019

   

1649   Director identification numbers

             (1)  Part 9.1A applies on and after the day (the application day ) the Minister appoints, under section 1270:

                     (a)  a Commonwealth body to be the Registrar; or

                     (b)  if more than one such body is appointed—such a body with functions and powers in connection with Part 9.1A.

             (2)  If a person was an eligible officer immediately before the application day:

                     (a)  if a period (the transitional application period ) is specified under subsection (3) of this section—section 1272C applies to the person as if:

                              (i)  the reference in subparagraph 1272C(2)(a)(ii) to an application period specified by regulations were instead a reference to the transitional application period; and

                             (ii)  references in paragraph 1272C(2)(a) to the day the person first became an eligible officer (or an eligible officer within the meaning of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 ) were instead references to the day the transitional application period came into effect; and

                     (b)  until the transitional application period comes into effect—section 1272C does not apply to the person.

             (3)  The Minister may, by legislative instrument, specify the transitional application period for the purposes of subsection (2).

             (4)  If a person:

                     (a)  was not an eligible officer immediately before the application day; and

                     (b)  becomes an eligible officer within the 12 month period starting on the application day;

section 1272C applies to the person as if a period of 28 days were the application period specified in regulations made for the purposes of paragraph 1272C(2)(b).

15  Schedule 3 (after table item 328D)

Insert:

328E

Subsection 1272C(1)

60 penalty units.

328F

Subsection 1272D(1)

60 penalty units.

328G

Subsection 1272G(1)

100 penalty units or imprisonment for 12 months, or both.

328H

Subsection 1272H(1)

100 penalty units or imprisonment for 12 months, or both.

Note:       This item does not commence at all if Schedule 1 to the Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Act 2019 commences before or on the same day as the provisions covered by table item 4 in subsection 2(1) of this Act. See table item 8 in subsection 2(1) of this Act.

16  In the appropriate position in Schedule 3

Insert:

Subsection 1272C(1)

60 penalty units

Subsection 1272D(1)

60 penalty units

Subsection 1272G(1)

1 year imprisonment

Subsection 1272H(1)

1 year imprisonment

Income Tax Assessment Act 1936

17  At the end of section 202

Add:

            ; and (u)  to facilitate the administration of Part 9.1A of the Corporations Act 2001 or Part 6-7A of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 .

Taxation Administration Act 1953

18  Paragraphs 8WA(1AA)(b) and 8WB(1A)(a) and (b)

Omit “or (t)”, substitute “, (t) or (u)”.