Bill
Commonwealth Registers Bill 2019
passed, as at 2020-06-22. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2019-12-04
- second reading — 2019-12-04
- second reading — 2020-02-12
- second reading — 2020-02-12
- third reading — 2020-02-12
- introduced — 2020-02-13
- second reading — 2020-02-13
- second reading — 2020-06-11
- second reading — 2020-06-12
- second reading — 2020-06-12
- third reading — 2020-06-12
- passed — 2020-06-12
- royal assent — 2020-06-22
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 2019-12-04.
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 and functions set out in existing laws and data standards it makes.
Directors would have 28 days to apply for a DIN during the first 12 months of the requirement, with civil and criminal penalties for non-compliance.
- The package would modernise Commonwealth business registers.
- It would introduce a director identification number requirement.
- The registrar would be appointed by the minister and make data standards.
- Directors must apply for a DIN before appointment unless exempted.
- The registrar would have powers to issue, cancel and reissue DINs.
- Penalties apply for failing to apply or providing false information.
Directors of bodies registered under the Corporations Act or CATSI Act, and the registrar appointed by the minister.
Sources
em
billhome
frl act