Corporations Act 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.1A - DIRECTOR IDENTIFICATION NUMBERS  

SECTION 1272C   REQUIREMENT TO HAVE A DIRECTOR IDENTIFICATION NUMBER  

1272C(1)    
An eligible officer must have a director identification number.

1272C(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 (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 .

1272C(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 .

1272C(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 .

1272C(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 .