NFP Directors need IDs

The ATO has reminded Directors of NFP organisations and clubs registered with the Australian Securities & Investments Commission to get IDs.

Directors who were appointed as a new first-time Director on or after 5 April must apply for a Director ID before their appointment.

You must apply ASAP if:

• You attend an AGM and are unexpectedly appointed, and
• You are aware you may be elected a Director at an upcoming AGM. You may apply up to 12 months in advance.

To find out if your club or organisation is registered with ASIC, you can search for your club or organisation’s details, including Director details, on https://asicconnect.asic.gov.au.

The fastest way to apply for a Director ID is online. There is a step-by-step video that takes you through what you need to do. You will need a myGovID with at least a standard identity strength to complete the application.

The Australian Business Registry Services is focused on providing support and education to assist Directors and is encouraging those appointed unexpectedly to apply for their IDs as soon as possible.

ABRS is contacting Directors who haven’t applied before deadlines elapse. It’s a criminal offence to fail to apply and Directors may be subject to penalties.

If you can’t apply by the date you need to, you may complete an application for a time extension.