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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 308.5

Giving and cancelling director identification numbers

  (1)   The Commonwealth Registrar must, by notifying a person who has applied under section   308 - 10, give the person a director identification number if the Commonwealth Registrar is satisfied that the person's identity has been established.

  (1A)   The Commonwealth Registrar may make a request of the person under subsection   (5) for the purposes of satisfying the Commonwealth Registrar that the person's identity has been established.

  (2)   The Commonwealth Registrar must make a record of the person's director identification number.

  (3)   The Commonwealth Registrar may, by notifying a person, cancel the person's director identification number if:

  (a)   the Commonwealth Registrar is no longer satisfied that the person's identity has been established; or

  (b)   the Commonwealth 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 Commonwealth Registrar may request, but not compel, the person:

  (a)   if the person has a tax file number--to give the Commonwealth 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 Commonwealth Registrar the person's tax file number after the Commissioner of Taxation has issued it.


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