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Published by Mathew Kaley
Mar 30, 2020 in Corporate

Resigning directors beware: the importance of notifying ASIC

It is now more important than ever for companies to have effective systems in place to ensure that they notify ASIC of changes to their company within the prescribed timeframes. In particular, as a result of recent amendments to the Corporations Act 2001 (Cth), if ASIC is notified of a director's resignation after the prescribed 28-day period from when the director resigned, the date that the resignation takes effect will be the date that...
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