Director, secretary or alternate director may notify ASIC of resignation or retirement
205A Director, secretary or alternate director may notify ASIC of resignation or retirement
If a director, secretary or alternate director retires or resigns, they may give ASIC written notice of the retirement or resignation. The notice must be in the prescribed form.
To be effective, a notice of resignation must be accompanied by a copy of the letter of resignation given to the company.
If a director, secretary or alternative director of a company gives a written notice in accordance with this section, the company is not required to lodge a notice with ASIC under subsection 205B(5) (see subsection 205B(6)).
This provision refers to the regulations (prescribed form
). Made under this Act:
- Corporations Regulations 2001 · under s 1364
115 more instruments made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory memorandumSecond reading speech
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