Requirement to apply for a director Corporations Act identification number if directed by Criminal 60 penalty units (strict – the registrar 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 Corporations Act in a contravention of one of the above penalty $200,000 for an – obligations) individual; or 1 million for a body corporate CATSI Act Civil penalty $200,000 for an – individual
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
c2018-t330649-Exposure-draft-EM.docx