Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For subsection 792B(5) of the Act, this regulation applies if a person ceases to be a director, secretary or executive officer of a market licensee or of a holding company of a market licensee (including when the person changes from one of those positions to another).
(2) The information to be given to ASIC by the market licensee is:
(a) the person's name and contact details; and
(b) the position that the person held; and
(c) the date on which the person ceased to hold the position; and
(d) if the person ceases to be a director, secretary or executive officer because the person is changing from the position to another in the company, the new position; and
(e) if the reason for ceasing to hold the position is:
(i) because of a contravention of the Corporations Act or another law of a State or Territory; or
(ii) because the person has become an undischarged bankrupt;
details of the reason.