Resolution to Revoke a Successor Director

About Product

The Resolution to Revoke a Successor Director provides a simple and legally effective process for a company to reverse a prior decision to appoint a Successor Director. This may be necessary due to changes in succession planning, restructuring, relationship breakdowns, or updated strategic direction.

The resolution includes:

A statement of purpose
A formal motion to revoke the prior appointment
A unanimous resolution by the director(s)
Proper execution by the current director(s) under section 127

This ensures corporate records and internal governance remain clear and accurate—without requiring the consent or signature of the person whose appointment is being revoked.

► $165.00 (inc GST) - OR provided under your unlimited membership (exc ASIC fee)

► The master document has been signed off by LY Legal and is congruent with Australian law.

General Information

In many businesses, a Successor Director is appointed to ensure continuity in the event of incapacity or death of the current director. However, appointments may need to be revoked over time. This document allows companies to remove a previously appointed Successor Director without requiring their involvement or signature—ensuring control of the company remains with the current board.

The resolution is legally valid and designed to be executed in accordance with the Corporations Act 2001, ensuring your company’s succession planning is always up to date and enforceable.

Benefits

Maintain Company Control
Ensure that directorship and decision-making authority remain aligned with current succession planning, business strategy, or relationship dynamics.
No Consent Required from Successor Director
The revocation is effective without needing the signature or approval of the outgoing Successor Director, reducing friction and delays.
Legally Compliant and ASIC-Ready
Structured in accordance with section 127 of the Corporations Act 2001, this resolution satisfies legal requirements and ASIC governance standards.
Clear Governance Record
Provides a formal, dated resolution that documents the revocation decision—enhancing transparency and reducing future disputes.
Efficient and Practical
The document is quick to generate and easy to execute, offering a streamlined solution to update company records with minimal administrative burden.

Frequently Asked Legal Questions

Who can use this resolution?

Any company that has previously appointed a Successor Director and now wishes to revoke that appointment.

Is the signature of the outgoing Successor Director required?

No. The Successor Director is not required to consent or sign the revocation for it to be effective.

Is the resolution compliant with Australian corporate law?

Yes, it complies with section 127 of the Corporations Act 2001 and is suitable for use in all Australian jurisdictions.

How long does this document take to assemble?

Depending on the complexity of the data, this document should take approximately 30-50 secs to assemble. If you experience timing outside of this please contact Support via the Surge app, alternatively please read this article for troubleshooting tips https://info.lightyeardocs.com.au/supportcentre/troubleshooting-longer-assembly-times-timeouts.

Is this document a legal document?

All master documents have been signed off by LY Legal lawyers. Tony Anamourlis of LY Legal advises that “at no time, due to inbuilt legal protection and security measures can a user change or amend a document on the LYD platform that has been signed off by a practicing solicitor. To do so would result in the user drafting a document of a legal nature and engaging in the provision of legal services. In addition, it would be a breach of copyright. In our opinion when completing the form fields through the LYD platform, users and their employees are merely carrying out an administrative task which is not the provision of legal advice.”

However in some complex areas such as the insertion of a varied range of client instructions into a Will or other such documents the user must be mindful of the extent to which a document is being drafted by the user rather than merely the administrative task of completing a form where the relevant fields are inserted into the reviewed and signed legal document provided by LY Legal.

The above advice is born out of numerous cases dating back to Re Sanderson, Ex parte Law Institute of Victoria [1927] VLR 394, 397 where the Court held:

“if a person does a thing usually done by a solicitor, and does it in such a way as to lead to the reasonable inference that he is a solicitor – if he combines professing to be a solicitor with action usually taken by a solicitor – I think he then does act as a solicitor.”

Likewise in ACCC v Murray (2002) 121 FCR 428, 448 where Murray was building a franchise business that involved the legal writing and drafting of Wills from scratch based on the client’s personal circumstances. The Court held that this process was legal work.

Is the document easy to read?

All LYD products are written in plain English and assessed for readability. If at any time you come across any errors, please contact support@lyd.com.au.

What lawyers sign off on the LYD documents?

All LYD documents are prepared and signed off by LY Legal.

Are the LYD documents reviewed regularly?

All LYD documents form part of the LYD internal review process. We review all documents at least annually or when required to do so due to changes in legislation. Further details of this process and a review schedule is included on this website.

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