Corporations Legislation Amendment (Simpler Regulatory System) Act 2007 (101 of 2007)

Schedule 1   Amendments

Part 3   Amendments commencing on Proclamation

Corporations Act 2001

199   Paragraph 5.1 of the small business guide in Part 1.5

Omit "The company must notify ASIC of a director's resignation. A director who resigns may also notify ASIC of the resignation.", substitute "A director who resigns may notify ASIC of the resignation. If the director does not do so, the company must notify ASIC of the director's resignation.".