ACIS Administration Act 1999
12Overview of Part
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12 Overview of Part
(1) This Part establishes ACIS and sets out the basis on which persons can participate in the scheme. (2) Division 2 establishes ACIS. (3) Division 3 contains rules concerning the number of registrations a person can have under ACIS (Subdivision A) and the effect further registrations may have on a participant’s registration (Subdivision B). (4) Division 4 provides for groups of companies to be registered as a single entity under ACIS. (5) Division 5 sets out the formal requirements for applications for registration and the considerations that the Secretary must take into account when deciding whether to grant an application. (6) Division 6 sets out the ongoing requirements that a participant must achieve to maintain the participant’s registration.