Notice of appointment or termination of appointment of alternate director

Notice of appointment or termination of appointment of alternate director

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This document is a notice of appointment or termination of appointment of an alternate director.

Directors and officers

A director is a person who is appointed to the position of director. This can include the following:

  • appointed directors;
  • governing directors;
  • nominee directors;
  • alternate directors;
  • associate directors;
  • de facto directors and shadow directors; and
  • executive, non-executive and independent directors, including managing directors and chairmen.

Generally, the process for appointing directors is governed by the company's constitution. The constitution may give the general meeting power to appoint directors, and may also confer power on the directors to fill casual vacancies and appoint additional directors. A public company must have at least three directors (not counting alternates). A proprietary company must have at least one director.

Alternate directors

For an alternate director to be appointed or terminated, a written notice must be given to the alternate director of the appointment or termination on the terms contained in this document.

See also the replaceable rule in section 201K of the Corporations Act 2001 (Cth) (Act).

Notification to the Australian Securities Exchange is required for listed companies, see ASX Listing Rule 3.16. Notification to the Australian Securities and Investments Commission is required by all companies, see section 205 of the Act.

An alternate director must provide a consent to act and certain other information to the company in the same way as any other director (section 205C of the Act).

Related precedents

  • Rules for alternate directors
  • Composite notice containing information on behalf of director of a company

Consent to act as a director

This document has been updated for Lexis Nexis by Jane Garber-Rosenzweig, Partner, Gable Lawyer. Previous versions of this were authored by Kate Mills, Peter Richard, Robert D Jeremy, Robert M A Mangioni, Kathleen H Clothier and Amanda Beattie.

This document is prepared with the assistance of Specialist Editors Karen Lee and Geoff Geha.