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CORPORATIONS ACT 2001 - SECT 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 (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 .



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