Corporations Act 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.1A - DIRECTOR IDENTIFICATION NUMBERS  

SECTION 1272   GIVING AND CANCELLING DIRECTOR IDENTIFICATION NUMBERS  

1272(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.

1272(1A)    

The Registrar may make a request of the person under subsection (5) for the purposes of satisfying the Registrar that the person ' s identity has been established.

1272(2)    
The Registrar must make a record of the person ' s director identification number.

1272(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.

1272(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.

1272(5)    

The Registrar may request, but not compel, the person:

(a)    

if the person has a tax file number - to give the Registrar the person ' s tax file number; or

(b)    

if the person does not have a tax file number:

(i) to apply to the Commissioner of Taxation for a tax file number; and

(ii) to give the Registrar the person ' s tax file number after the Commissioner of Taxation has issued it.