ASIC has commenced the first prosecution action against a director for failing to comply with the obligation to have a director identification number (director ID).

On 19 March 2024, a director appeared in the Downing Centre Local Court and was formally charged with one count of contravening section 1272C(1) of the Corporations Act 2001 by failing to have a director ID. An interim non-publication order (NPO) was granted by the Court prohibiting the identification of the defendant. The charges were listed for a further mention before the Downing Centre Local Court on 16 April 2024.

On 22 March 2024, the interim NPO was extended to 16 April 2024.