There are a number of directors that will have until the deadline of 30 November 2022 to submit their applications to obtain a DIN.
The deadline for submitting a DIN application differs according to the date on which the director was appointed, as set out below:
Directors who are unable to apply for a DIN by the end of the transitional period may make an application for an extension.
Directors who are required to and have not applied for a DIN by 30 November 2022 (or have not been granted an extension to make an application), are at risk of being referred to the Australian Securities and Investments Commission's (ASIC) enforcement team and risk being held personally liable for civil penalties up to AU$1.11 million and criminal penalties of up to AU$13,200. Infringement notices can also be issued for breach of a director's obligations in this regard.
Directors are required to submit their own applications for a DIN. This process cannot be completed by a third party on behalf of a director unless the Registrar is satisfied that the director is unable to make an application on their own behalf (e.g., as a result of incapacity).
A director may lodge an application for a DIN in three ways:
- Online application (via the MyGovID app); or
- Phone application; or
- Paper application.
We invite any directors who have not yet lodged their application for a DIN to read our alert dated 21 October 2021 for further information on:
- What a DIN is and who needs one?
- The deadline for applying;
- The application process; and
- The consequences of non-compliance.
For further guidance on how to submit your DIN application, please visit the Australian Business Registry website.
