Bill
Commonwealth Registers Bill 2019
lapsed, as at 2019-04-11. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2019-02-13
- second reading — 2019-02-13
- other — 2019-04-11
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2019-02-13.
This bill is part of a package that would modernise Commonwealth business registers and introduce a director identification number requirement.
The minister would appoint an existing Commonwealth body as registrar, with powers largely set out in existing laws and data standards made by the registrar.
Directors would generally need to apply for a DIN before appointment, but transitional provisions give existing directors extra time and first‑year appointees 28 days to apply.
- The package would modernise Commonwealth business registers to be flexible, technology neutral and governance neutral.
- The package would introduce a requirement for directors of bodies registered under the Corporations Act or CATSI Act to obtain a director identification number.
- The registrar would have powers to issue, cancel and reissue DINs, make data standards and administer related penalties.
Directors of bodies corporate registered under the Corporations Act or CATSI Act, and officials handling registrar-held information.
Sources
em
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