As part of auDA’s eligibility requirements, we must verify that the trustee is either an Australian citizen or the trustee is an Australian body corporate. This is done by utilising the Trustee’s ABN at the time of registration.
Correct Example:
For this particular example, we will assume the Trust and Trustee’s details are as per below:
ABN of Trust: 91 123 456 789
Entity Name: The Example Trust
ABN of Trustee (Company Example/ Sole Trader Example): 21 101 234 567 / 74 789 456 123
Entity Name: Trust Company Name Pty Ltd / John Citizen
Based on the details above, you will need to submit your registration with the Trustee’s ABN
If the Trustee is a Sole Trader ABN:
Registrant Name: John Citizen Trustee for The Example Trust
Registrant ID Type: Sole Trader
Registrant ID: ABN 74 789 456 123
Eligibility Name The Trustee for the Example Trust
Eligibility Type: Trust
Eligibility ID: ABN 91 123 456 789
If the Trustee is a Company ABN:
Registrant Name: Trust Company Name Pty Ltd Trustee for The Example Trust
Registrant ID Type: Company
Registrant ID: ABN 21 101 234 567
Eligibility Name The Trustee for the Example Trust
Eligibility Type: Trust
Eligibility ID: ABN 91 123 456 789
In some cases, the trustee may be an individual trustee without an ABN/ACN, as specified in the trust deed.
If the Trustee is an Individual Trustee (Natural Person) where there is no ABN/ACN:
Registrant Name: John Citizen Trustee for The Example Trust
Eligibility Name The Trustee for the Example Trust
Eligibility Type: Trust
Eligibility ID: ABN 91 123 456 789
