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When do you Notify ASIC in Relation to a Successor Director?
In terms of the Successor Director, LightYear Docs produces the binding resolution to appoint a director in the event of something happening. As such there is no need to notify ASIC until the director is appointed as at that time the other will be removed.
Please be advised this is general information only, and is not to be taken as legal advice. If you would like more information, or have a legal query, please contact Abbott & Mourly directly.
Reviewed: 17/01/2024
Reviewed: 17/01/2024