ABRS 2021/5

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Corporations Act 2001

Legislative Instrument

I, Jane Hume, Minister for Superannuation, Financial Services and the Digital Economy, and Minister for Women's Economic Security, make the following instrument.

1. Name of instrument

This instrument is the Corporations (Director Identification Numbers - Transitional Application Period) Instrument 2021.

2 Commencement

(1) Each provision of this determination specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3. Authority

This instrument is made under the following:

(a)

the Corporations Act 2001; and

(b)

the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020.

4. Definitions

Note: Paragraph 13(1)(b) of the Legislation Act 2003 has the effect that expressions have the same meaning in this instrument as in the Corporations Act 2001 and as in force from time to time.

In this instrument:

the Act means the Corporations Act 2001.

Part 2 - Director identification numbers: transitional period

5 Transitional application period under the Corporations Act

For the purposes of subsection 1653(2) of the Act, the transitional application period is 4 April 2021 to 30 November 2022.

6 Transitional application period under the Corporations (Aboriginal and Torres Strait Islander) Act

For the purposes of subitem 9(2) in Schedule 2 to the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020, the transitional application period is 4 April 2021 to 30 November 2023.

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29 September 2021

Jane Hume
Minister for Superannuation, Financial Services and the Digital Economy Minister for Women's Economic Security
Minister for Women's Economic Security

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Registration Number: F2021L01391

Registration Date: 5 October 2021

Related Explanatory Statements:

ABRS 2021/5 - Explanatory statement

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