INFO 79
Your company and the law
New ID requirement for directorsCompany directors are now required by law to apply for a director identification number. Find out more about director identification number.
In plain English
Company directors must now apply for a director identification number, as required by law.
This guidance explains the director identification number requirement. All company directors must apply. It clarifies their legal obligations. The ASIC website provides more information.
Why it matters
Directors need to understand this new requirement. Failing to do so could impact their ability to fulfil their duties. Ensure all directors are aware and compliant.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/for-business/running-a-company/company-officeholder-duties/your-company-and-the-law/. Rules Mate indexes + summarises; always verify against the regulator's live publication.