FINAL WARNING: LAST DAY TO APPLY FOR A DIRECTOR IDENTIFICATION NUMBER – 30 November 2022
Are you a director of an Australian company? If so, the deadline to apply for a Director Identification Number is tomorrow.
The deadline for the application depends on when you were appointed as a director:
-
If your appointment was before 1 November 2021, you must apply by 30 November 2022;
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If your appointment was between 1 November 2021 and 4 April 2022, you had to apply within 28 days of your appointment; and
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From 5 April 2022, anticipated directors must apply before their appointment.
What happens if I don’t comply? ? Penalties
|
OFFENCE |
LEGISLATION SECTION |
MAXIMUM PENALTY |
|
Failure to have a director ID when required to do so |
s 1272C |
$13,200 (criminal) $1,100,000 (civil) |
|
Failure to apply for a director ID when directed by the Registrar |
s 1272D |
$13,200 (criminal) $1,100,000 (civil) |
|
Applying for multiple director ID’s |
s 1272G |
$26,640, 1 year imprisonment or both (criminal) $1,100,000 (civil) |
|
Misrepresenting director ID |
s 1272H |
$26,640, 1 year imprisonment or both (criminal) $1,100,000 (civil) |
The team at GPA Law are experienced in applying for director identification numbers and are happy to provide further information and assistance in understanding and navigating the application process.
