(1) The Commonwealth Registrar may, on the application of an eligible officer, allow, as a longer period for applying to the Commonwealth Registrar under section 308 - 10 for a director identification number:
(a) the period specified in the application; or
(b) such other period as the Commonwealth Registrar considers reasonable.
Note: An application for an extension of the period for applying can be made, and the period can be extended, after the period has ended: see section 694 - 50.
(2) The Commonwealth Registrar may, by legislative instrument, allow, for persons included in a specified class of persons, a longer period for applying to the Commonwealth Registrar under section 308 - 10 for a director identification number.