Directors' Circulating Resolution (General)This Directors Circulating Resolution (General) is used to record any changes or decisions made by your company.
Under the Corporations Act 2001 (Cth), most of the decisions that affect your company will need to be recorded using a Directors' Resolution. This document is general purpose, allowing you to record any number of changes passed by your company. In addition to this general-purpose resolution, Lawpath also offers specific resolutions (for example, to appoint or remove an existing officeholder). To be effective, this resolution must be signed by all of the company's directors.
For particular changes, it is important that this is recorded as you have 28 days within which to notify ASIC of this change from the date it is made. If ASIC is not notified within this period, fines will apply.
Use a Directors Circulating Resolution (General) if:
- You are a director of a company
- You need to record one or more decisions made by your company
What does a Directors Circulating Resolution (General) provide?
- Details of the resolution
- Confirmation that ASIC will be notified of this change