Section 1272 — Corporations Act 2001: Giving and cancelling director identification numbers
Text of the provision Official document
(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. (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. (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. (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.
Official source: Federal Register of Legislation
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