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14 May 12 Australian Business Number Amendment Regulations made

A New Tax System (Australian Business Number) Amendment Regulation 2012 (No 1)  was made on 10 May 2012 and registered on the Federal Register of Legislative Instruments on 11 May 2011 as Select Legislative Instrument 2012 No 70.

The regulation amends the A New Tax System (Australian Business Number) Regulations 1999 ("the Principal Regulations") to change the requirements for details which are to be entered onto the Australian Business Register (ABR) for each business with an Australian Business Number (ABN).

Specifically, the purpose of the regulation is to amend the Principal Regulations to implement changes associated with the transferring of business names from the States’ and Territories’ business names registers to the new national Business Names Register (BNR), in accordance with the new Commonwealth business name registration legislation, and specifically Schedule 2 of the Business Names Registration (Transitional and Consequential Provisions) Act 2011.

For a copy of the Explanatory Statement, click on the Explanatory Statement tab.

 


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