Reporting a position holder's resignation or disqualification
Explains when and how to notify ACRA, and the consequences of non-notification.
When to notify
Requirements
Scenario | When to notify |
|---|---|
Resignation |
|
Disqualification |
Note: The director may notify ACRA immediately by filing a Notice of Cessation if no other officers can file. For example, if the company secretary resigned and other directors are also disqualified. |
How to notify ACRA
If the company fails to notify ACRA of a resignation or disqualification, the individual position holder can notify ACRA immediately by filing a Notice of Cessation (opens in new tab):
Note: Directors must file a separate notice for each company they resign or get disqualified from.
Before you begin
Required documents
For | You need to prepare |
|---|---|
Resignations |
|
Disqualifications |
|
How to file a Notice of Cessation
After you notify ACRA
You can check the notification status after one to three days. If the director was disqualified, learn more about what to do after disqualification.
Processing time and notification status
What to expect | Details |
|---|---|
Wait for a response | Applications that meet the requirements will be processed in accordance with our standard procedures and may be approved immediately. Applications requiring further review will be processed within 20 working days. We will notify you if additional time is needed. |
Check the notification status | You can check your status through:
|
Consequences of non-notification
Scenarios & consequences of non-notification
Scenario | Consequences |
|---|---|
Director failed to notify the company of his or her disqualification as soon as practicable but not later than 14 days after the disqualification | Fine not exceeding $1,000 |
Company failed to notify ACRA within 14 days upon receiving notice of the director’s disqualification | Fine not exceeding $5,000 and also to a default penalty for the company and every officer of the company |
Note: Please seek professional advice if you are unsure about the legal duties and liabilities of the company and its officers.
