Professional registers Section 922A of the Corporations Act and subregulation 7.6.05(1) of the Corporations Regulations Register of financial services licensees Section 922A of the Corporations Act and subregulation 7.6.05(2) of the Corporations Regulations Register of authorised representatives of financial services licensees Section 922Q of the Corporations Act Register of financial advisers Section 1285 of the Corporations Act Register of auditors Section 151 of Schedule 2 to the Corporations Act Register of liquidators Section 283BCA of the Corporations Act Register relating to trustees for debenture holders Section 128J of the SIS Act Register of approved SMSF auditors Section 1274 of the Corporations Act and regulation 7.6.02AGA of the Corporations Regulations Carbon registrants register Regulation 10.2.96 of the Corporations Regulations Register of futures licensees* Regulation 10.2.96 of the Corporations Regulations Register of licence holders* Regulation 10.2.96 of the Corporations Regulations Register of securities representatives* Regulation 10.2.96 of the Corporations Regulations Register of foreign insurance agents* Regulation 10.2.96 of the Corporations Regulations Register of general insurance brokers* Regulation 10.2.96 of the Corporations Regulations Register of life insurance brokers* * Historical register. Registrar holds the information contained in the register and may exercise any functions and powers preserved by transitional arrangements. Additional registers may be brought into the new regime by future legislative reforms. Who may be appointed registrar? the new regime the Minister may, by notifiable instrument, appoint any existing Commonwealth body to be the registrar. Commonwealth body is a defined term. It is defined as meaning: an Agency (within the meaning of the Public Service Act 1999); a body, whether incorporated or not, established for a public purpose by or under a law of the Commonwealth; and a person: holding or performing the duties of an office established by or under a law of the Commonwealth; or holding an appointment made under a law of the Commonwealth. [Definition of ‘Commonwealth body’, Clause 5, and subclause 6(1) of the Commonwealth Registers Bill 2018, items 1,5, 8, 10, 14, 16 of the Treasury Laws Amendment (Registries Modernisation and Other Measures) Bill, section 3 and paragraphs 62A(a) of the Business Names Act, section 9 and
Requirement to apply for a director identification number if directed by the registrar Corporations Act Criminal – 60 penalty units (strict liability) Civil penalty – $200,000 for an individual; or 1 million for a body corporate Act Criminal – 25 penalty units (strict liability) Civil penalty – $200,000 for an individual Applying for additional DINs Corporations Act Criminal – 100 penalty units or imprisonment for 12 months, or both penalty – $200,000 for an individual; or 1 million for a body corporate Act Criminal – 100 penalty units or imprisonment for 12 months, or both Civil penalty – $200,000 for an individual Misrepresenting a DIN Corporations Act Criminal – 100 penalty units or imprisonment for 12 months, or both Civil penalty – $200,000 for an individual; or 1 million for a body corporate CATSI Act Criminal – 100 penalty or imprisonment for 12 months, or both Civil penalty – $200,000 for an individual Accessorial liability (being involved in a contravention of one of the above obligations) Corporations Act penalty – $200,000 for an individual; or 1 million for a body corporate CATSI Act Civil penalty – $200,000 for an individual