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ARTICLE · 25 JULY 2020

New identification process for all Australian company directors

Bartier Perry Solicitors
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A unique, permanent DIN will facilitate better and reliable traceability of a director's relationships across companies.

AustraliaCorporate/Commercial Law
Claire Perry (Formerly With Bartier Perry)
Claire Perry (Formerly With Bartier Perry)
Michael Cossetto
Michael Cossetto
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Australian company directors will soon be required to have unique director identification numbers (DIN) following the assent of the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020 (Cth).

The changes form part of the Australian Government's Modernising Business Registers Program which will consolidate the Australian Business Register and 31 registers administered by the Australian Securities and Investments Commission (ASIC) to a single platform which will be known as the Commonwealth Business Registry. The Commonwealth Business Registry will operate on new and improved technology and will streamline key business registry functions to provide more user-friendly, modern registry services.

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