Commonwealth Consolidated Acts

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Director, secretary or alternate director may notify ASIC of resignation or retirement

             (1)  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.

             (2)  To be effective, a notice of resignation must be accompanied by a copy of the letter of resignation given to the company.

Note:          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)).

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