NSW Is Having an ABN Classified as a Registered Body?

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Steve500

Well-Known Member
10 March 2015
63
3
199
I'm looking at getting a share account, and I notice they have Company/Individual Citizen or "Registered Body" as some of the options. If you have an ABN (business), does that mean an ABN is classified as a Registered Body? Just a bit confused.
 
S

Sophea

Guest
According to the Corporations Act, a registrable Australian body is a body corporate which has been formed or incorporated in Australia and includes exempt public authorities, corporations sole, foreign companies, financial institutions and associations registered under a state law. I don't believe a business with an ABN would be considered a registered body.