This consultation process has now been completed.
Date
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Consultation Type
Exposure Draft Legislation
Key Documents
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.
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, 10 am – 11 am (registration closes at 4 pm, Monday 25 November)
- Thursday 28 November, 10 am – 11 am (registration closes at 4 pm, Wednesday 27 November)
To register, please email beneficialownership@treasury.gov.au with your preferred date and time.