This consultation is closed
Consultation period: 14 November to 13 December 2024
The government made an election commitment to implement a public beneficial ownership register. This will improve transparency of corporate structures by showing who ultimately owns, controls, or receives profits from companies.
The first stage of reform is legislation focusing on listed companies.
The reforms propose amending the Corporations Act 2001 to:
- increase the disclosure of ownership information for listed companies
- broaden the Australian Securities and Investment Commission’s regulatory enforcement powers.
The exposure draft was informed by previous consultation. This consultation will help finalise the legislation.
Documents
- Exposure draft [PDF 389 kB Exposure draft | DOCX 109 kB Exposure draft]
- Explanatory materials [PDF 401 kB Explanatory materials | DOCX 241 kB Explanatory materials]
- Consultation questions [PDF 171 kB Consultation questions | DOCX 91 kB Consultation questions]
Consultation forums
If you have any questions or would like to engage with us in a live forum, please attend one of our online information sessions:
- Tuesday 26 November 2024, 10 am – 11 am (registration closes at 4 pm, Monday 25 November)
- Thursday 28 November 2024, 10 am – 11 am (registration closes at 4 pm, Wednesday 27 November 2024)
To register, please email [email protected] with your preferred date and time.
