Number Generation
The ACN is generated using an algorithm with the last digit being a check digit allowing the number to be verified. To verify the ABN, the first two digits are ignored and validated using the same technique as the ACN.
Read more about this topic: Australian Company Number
Famous quotes containing the words number and/or generation:
“A considerable percentage of the people we meet on the street are people who are empty inside, that is, they are actually already dead. It is fortunate for us that we do not see and do not know it. If we knew what a number of people are actually dead and what a number of these dead people govern our lives, we should go mad with horror.”
—George Gurdjieff (c. 18771949)
“The greater part of our best years has been passed for our generation in these two great worldconvulsions. All will be changed after this war, which spends in one month more than nations earned before in years ... there is no more security in our time than in those of the Reformation or the fall of Rome.”
—Stefan Zweig (18811942)