Glossary of Terms
Disclaimer: Terms in this glossary are provided for general information only and should not be taken as constituting professional advice from the website owner – the Australian Securities and Investments Commission (ASIC).
The words in brackets do not form part of the term. Where 'Business names' and/or 'SMSF auditors' appears in brackets alongside a term, this denotes the definition is only to be used in reference to the relevant register. These terms do not apply to any other ASIC services.
Viewing entries beginning with 'D'
- Debtor representative (Business names)
A debtor representative is a person appointed or authorised to administer the bankruptcy or external administration (for example, liquidation) of a business name holder. Also includes a debtor representative appointed in relation to a foreign proceeding that has been recognised for the purposes of the Cross-Border Insolvency Act 2008. See also: Nominated manager for a debtor representative.
- Deregistered status
An entity that has been deregistered by ASIC (whether voluntarily by its members, initiated by ASIC or at the request of a liquidator). It ceases to exist as a legal entity.
- Disqualified person (Business names)
A person who is disqualified from holding a business name because they:
- are disqualified from managing a corporation under section 206B(1) of the Corporations Act 2001, or
- have, within the last 5 years, been:
- (a) convicted of, or
- (b) released from prison after serving a term of imprisonment
for any of the criminal offences referred to in 32(1)(c) or (d) of the Business Names Registration Act 2011.
- Disqualified SMSF auditor
An SMSF auditor that has been disqualified from conducting audits on self-managed superannuation funds.
- Document image
A scanned image of a document or a copy of information lodged electronically with ASIC.
- Document number
The unique identifying number that is allocated to each document received by ASIC.