Treasury Laws Amendment (Business Registries Stabilisation and Uplift) Act 2026 (57 of 2026)

Schedule 1   Enhancing director ID requirements

Part 1   Providing director ID numbers to ASIC

Corporations Act 2001

5   After subsection 205B(3)

Insert:

A longer period may be available to lodge notice of a director identification number

(3A) Despite subsection (1) or (2), if:

(a) that subsection applies for a person's appointment as a director or alternate director of a company; and

(b) on appointment, the person does not have a director identification number; and

(c) the Registrar gives the person such a number on a later day;

the company has until the end of the 14th day after that later day to lodge with ASIC a notice of the person's director identification number.

Note: A defendant bears an evidential burden in relation to the matter in this subsection, see subsection 13.3(3) of the Criminal Code.