Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.85 - TRANSITIONAL PROVISIONS RELATING TO THE TREASURY LAWS AMENDMENT (BUSINESS REGISTRIES STABILISATION AND UPLIFT) ACT 2026  

SECTION 1740  

1740   DEFINITIONS  

amending Act
means the Treasury Laws Amendment (Business Registries Stabilisation and Uplift) Act 2026 .

SECTION 1741   TRANSITIONAL - NOTICE OF DIRECTOR IDENTIFICATION NUMBERS FOR CURRENT DIRECTORS AND ALTERNATE DIRECTORS  

1741(1)    
This section applies if, on the day Part 1 of Schedule 1 to the amending Act commences:

(a)    a person is a director or alternate director of a company, and was so immediately before that day; and

(b)    a director identification number for the person has not been lodged with ASIC (whether in an application to register the company or otherwise).

1741(2)    
The company must lodge with ASIC in the prescribed form a notice of the person ' s director identification number before the earlier of the following:

(a)    the end of the 28-day period applying under subsection 346C(3) for the company for the next response to an extract of particulars by the company;

(b)    the end of the 28-day period applying under subsection 205B(4) for the company for the next change in the person ' s personal details.

SECTION 1742   TRANSITIONAL - NOTICE OF DIRECTOR IDENTIFICATION NUMBERS FOR CURRENT DIRECTORS  

1742(1)    
This section applies if, on the day Part 1 of Schedule 1 to the amending Act commences:

(a)    a registered body is a body corporate; and

(b)    a person is a director of the body, and was so immediately before that day; and

(c)    a director identification number for the person has not been lodged with ASIC (whether in an application to register the body or otherwise).

1742(2)    
The body must lodge with ASIC in the prescribed form a notice of the person ' s director identification number before the earlier of the following:

(a)    the end of the 12-month period starting on that day;

(b)    the end of the 1-month period applying under subsection 601CV(1) for the body for the next change in the person ' s personal details.

1742(3)    
Disregard paragraph 1311(1A)(e) in relation to subsection (2) of this section.

Note: This means contravening subsection (2) is an offence (see subsection 1311(1) ), with the penalty mentioned in section 1311F .

SECTION 1743  

1743   APPLICATION OF AMENDMENTS - CORRECTION ETC. OF INFORMATION HELD BY THE REGISTRAR  
The amendments made by Part 4 of Schedule 1 to the amending Act apply in relation to information held by the Registrar on or after the commencement of that Part (whether the information began to be held by the Registrar before, on or after that commencement).

SECTION 1744  

1744   APPLICATION OF AMENDMENTS - DEREGISTERING A COMPANY IF INFORMATION GIVEN BY THE COMPANY IS FALSE OR MISLEADING ETC.  
Subsection 601AB(2A) (as inserted by Part 1 of Schedule 2 to the amending Act) applies on or after the commencement of that Part in relation to information given or otherwise provided to ASIC before, on or after that commencement.

SECTION 1745  

1745   APPLICATION OF AMENDMENTS - DISCLOSING INFORMATION ON REGISTERS IN THE PUBLIC INTEREST  
Section 1274AB (as inserted by Part 5 of Schedule 2 to the amending Act) applies in relation to disclosures on or after the commencement of that Part (whether the information was obtained before, on or after that commencement).

SECTION 1746  

1746   APPLICATION OF AMENDMENTS - RESTRICTING ACCESS TO CERTAIN INFORMATION OR DOCUMENTS LODGED WITH ASIC, OR ON ASIC REGISTERS, IN APPROPRIATE CASES  
Section 1274AC (as inserted by Part 6 of Schedule 2 to the amending Act) applies on or after the commencement of that Part in relation to information or documents lodged with, or otherwise obtained by, ASIC before, on or after that commencement.

SECTION 1747  

1747   APPLICATION OF AMENDMENTS - SHARING OF INFORMATION  
Paragraph 1270L(3)(ca) (as inserted by Part 7 of Schedule 2 to the amending Act) applies in relation to disclosures on or after the commencement of that Part (whether the information was obtained before, on or after that commencement).

SECTION 1748  

1748   APPLICATION OF AMENDMENTS - POWERS AND FUNCTIONS OF ACTING COMMISSIONER OF TAXATION  
Subsection 1270(3) applies in relation to powers and functions given to the Commissioner of Taxation on or after 4 April 2021.

SECTION 1749   APPLICATION OF AMENDMENTS - REVIEW OF DECISIONS MADE BY REGISTRAR  

1749(1)    
Paragraph 1317B(1)(bb) applies in relation to a decision made on or after 4 April 2021.

1749(2)    
If:

(a)    the Registrar made a decision on or after 4 April 2021 and before the commencement of this section; and

(b)    apart from this section, the period within which an application to the Administrative Review Tribunal for review of the decision ended on or before the commencement of this section;

then for the purposes of determining when the application must be made, the decision is treated as if it had been made on the commencement of this section.