If you became a director before 31 Oct 2021, you need to apply for your directors ID now

When you need to apply is determined by when you were first appointed, and under which Act.

If you plan to become a director, you can apply before you’re appointed.

Corporations Act directors

When you must apply for your director ID depends on the date you first become a director.

If you can’t apply by the date you need to, you can complete an Application for an extension of time to apply for a director ID (NAT 75390, PDF 271KB). We are continually working to improve the accessibility of this website and our forms. If you need further assistance, you can contact us.

Date you first become a director Date you must apply
On or before 31 October 2021 By 30 November 2022
Between 1 November 2021 and 4 April 2022 Within 28 days of appointment
From 5 April 2022 Before appointment

To be a director under the Corporations Act, you must:

  • be an individual who is at least 18 years old
  • not be disqualified from managing corporations, unless the appointment is made with the permission of ASIC or the Court.

Notice

Note: If you were already a director on or before 31 October 2021, you have until 30 November 2022 to apply. That’s still the case even if you become a director of another company after 31 October 2021.

CATSI Act directors

When you must apply for your director ID depends on the date you become a director.

Date you become a director Date you must apply
On or before 31 October 2022 By 30 November 2023
From 1 November 2022 Before appointment

To be a director under the CATSI Act, you must:

  • be an individual who is at least 18 years old
  • be a member of the Aboriginal and Torres Strait Islander corporation and an Aboriginal and Torres Strait Islander person (unless the corporation’s constitution or rule book says otherwise)
  • not be disqualified from managing an Aboriginal and Torres Strait Islander corporation, unless the appointment is made with the permission of the Registrar of Aboriginal and Torres Strait Islander Corporations or the Court.

Read more about the CATSI ActExternal link.

Meeting your obligations

Your director ID obligations include:

  • applying for a director ID within the relevant timeframe for your situation
  • applying for a director ID when directed by the Registrar to do so
  • not applying for more than one director ID (unless directed by the Registrar to do so)
  • not misrepresenting your director ID to a Commonwealth body, company, registered Australian body or Aboriginal and Torres Strait Islander corporation
  • not being involved in a breach of the above director ID obligations.

If you can’t apply by the date you need to, you can complete an Application for an extension of time to apply for a director ID (NAT 75390, PDF 271KB). We are continually working to improve the accessibility of this website and our forms. If you need further assistance, you can contact us.

It is a criminal offence if you do not apply on time. ASIC is responsible for enforcing director ID offencesExternal link set out in the Corporations Act 2001.

Help and support

Your authorised tax, BAS or ASIC agent can help you decide if you need to apply, but they can’t apply on your behalf.


Australian Business registry Services

(ABRS)

Read it on Apple news

0

Like This