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Corporations (Transitional) Director Identification Number Extended Application Period 2021
4. What this instrument is about4. What this instrument is about
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4. What this instrument is about
| The commencement of the director ID legislation will trigger the requirement for eligible officers to have a director identification number (director ID). Individuals who were not an eligible officer prior to the commencement of the director ID legislation (new eligible officers) are required in the transitional period (first 12 months after the legislation commences) to apply for a director ID within 28 days of becoming an eligible officer.This instrument extends the application period in which new eligible officers are required to apply for a director ID if the individual becomes an eligible officer in the period;starting when the director ID legislation commences, andending 31 October 2021. |
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