As part of the appointment of the ATO to combine and manage the Australian Business Register (ABR) and 31 Australian Securities and Investments Commission (ASIC) registers in one place, the Commissioner of Taxation has been appointed as Registrar under the:
- Business Names Registration Act 2011
- Commonwealth Registers Act 2020
- Corporations Act 2001
- National Consumer Credit Protection Act 2009.
Initially, ASIC will continue to perform statutory registry functions but at a later stage the Commissioner of Taxation will assume primary responsibility for those functions under law.
The ATO will also manage the director identification number (director ID) initiative.
If you found this article helpful, then subscribe to our news emails to keep up to date and look at our video courses for in-depth training. Use the search box at the top right of this page or the categories list on the right hand side of this page to check for other articles on the same or related matters.
Author: David Jacobson
Principal, Bright Corporate Law
Email:
About David Jacobson
The information contained in this article is not legal advice. It is not to be relied upon as a full statement of the law. You should seek professional advice for your specific needs and circumstances before acting or relying on any of the content.
