Clause 13

The Registrar must keep a central register of nominee directors and a central register of nominee shareholders consisting of the particulars contained in the registers kept by companies and foreign companies to which this Part applies.(2) A company or foreign company to which this Part applies must lodge with the Registrar —

all particulars contained in the company’s or foreign company’s register of nominee directors maintained under section 386AKA;

all updates to that register that occur after the lodgment of the particulars under paragraph (a);

all particulars contained in the company’s or foreign company’s register of nominee shareholders maintained under section 386ALA; and

all updates to that register that occur after the lodgment of the particulars under paragraph (c).(3) The company or foreign company must lodge the particulars, matters and updates in the prescribed form and manner and within the prescribed time.(4) If a company or foreign company fails to comply with subsection (2) or (3), the company or foreign company, and every officer of the company or foreign company who is in default, shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding $25,000.(5) Subject to subsection (6), the Registrar must not disclose, or make available for inspection, the central register of nominee directors or the central register of nominee shareholders kept by the Registrar under this section to any member of the public.(6) The Registrar may disclose prescribed information in the central register of nominee directors or the central register of nominee shareholders to prescribed persons under prescribed circumstances.(7) To avoid doubt, different information and persons may be prescribed under subsection (6) for different prescribed circumstances.”.