Federal Register of Legislation - Australian Government

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Other as made
This instrument specifies transitional application periods to extend the time for persons who are eligible officers immediately before the commencement of the director identification number obligations to apply for a director identification number.
Administered by: Treasury
Registered 05 Oct 2021
Tabling HistoryDate
Tabled HR18-Oct-2021
Tabled Senate18-Oct-2021

 

Corporations (Director Identification Numbers—Transitional Application Period) Instrument 2021

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

Dated               29 September 2021

 

Jane Hume

Minister for Superannuation, Financial Services and the Digital Economy
Minister for Women’s Economic Security

 

  

  

  


Contents

Part 1—Preliminary                                                                                                      1

1  Name........................................................................................................................................ 1

2  Commencement........................................................................................................................ 1

3  Authority.................................................................................................................................. 1

4  Definitions................................................................................................................................ 1

Part 2—Director identification numbers:  transitional period                                  2

5  Transitional application period under the Corporations Act...................................................... 2

6  Transitional application period under the Corporations (Aboriginal and Torres Strait Islander) Act   2

 


Part 1Preliminary

  

1  Name

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

2  Commencement

             (1)  Each provision of instrument 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.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

The day after this instrument is registered.

 

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 2Director 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.