# Board Resolution for Australia > Use this template to create a Board Resolution that complies with your chosen governing law **Document type:** Board Resolution **Category:** other **Jurisdiction:** Australia **Governing law:** United States **Last updated:** 2026-07-08 ## What is a Board Resolution? A Board Resolution is a formal decision made and recorded by a company's directors during a board meeting. It captures the board's official position on important matters like signing contracts, opening bank accounts, or appointing new executives. Think of it as the written proof that the board has given its approval for specific actions. Under Australian corporate law, particularly the Corporations Act 2001, Board Resolutions help protect companies by clearly documenting key decisions and who made them. They're legally binding once passed by the required number of directors, and companies must keep them as part of their official records. Many Australian businesses use them daily to authorize everything from routine operations to major strategic changes. ## When should you use a Board Resolution? You need a Board Resolution any time your company makes significant decisions that require formal documentation. Common triggers include changing bank signatories, appointing new directors, issuing shares, entering major contracts, or modifying your company constitution. Australian companies regularly use these resolutions to approve annual financial statements and declare dividends. Board Resolutions are especially crucial when dealing with ASIC requirements, during corporate restructuring, or when establishing new business locations. They protect your company by creating a clear audit trail of decisions and authority. For lending institutions and regulatory bodies, these resolutions serve as proof that proper corporate governance procedures were followed. ## What are the different types of Board Resolution? - **Board Of Directors Resolution**: Standard template for recording general board decisions and corporate actions - **Board Resolution For Signing Authority**: Delegates power to specific individuals to sign documents on behalf of the company - **Board Resolution To Open Bank Account**: Authorizes the creation of new company bank accounts and names approved signatories - **Resolution To Appoint A Director**: Formally documents the appointment of new board members - **Board Resolution For Bank Account Signatory**: Specifically addresses changes to existing bank account signing authorities ## Who should typically use a Board Resolution? - **Board Directors**: Create, review, and vote on Board Resolutions during meetings, ensuring they align with company interests - **Company Secretary**: Prepares resolution drafts, maintains records, and ensures compliance with ASIC requirements - **Legal Counsel**: Reviews resolutions for legal accuracy and enforceability under Australian corporate law - **External Stakeholders**: Banks, regulators, and business partners who rely on resolutions as proof of corporate authority - **Executive Management**: Implements decisions documented in resolutions and reports progress back to the board - **Company Shareholders**: May need to ratify certain board resolutions at annual general meetings ## How do you write a Board Resolution? - **Meeting Details**: Record the date, time, location, and attending directors' names for the board meeting - **Decision Context**: Outline the specific business matter requiring board approval and any relevant background information - **Legal Requirements**: Check your company constitution and Corporations Act 2001 for quorum and voting requirements - **Supporting Documents**: Gather relevant financial reports, contracts, or other materials that support the decision - **Resolution Text**: Use our platform to generate clear, legally compliant wording that precisely captures the board's decision - **Signatures**: Ensure all required directors sign the resolution, typically including the board chairperson - **Record Keeping**: File the resolution in your company's official records and update relevant registers ## What should be included in a Board Resolution? - **Company Details**: Full legal name, ACN, registered office address, and company type under ASIC registration - **Meeting Information**: Date, time, venue, and confirmation of proper notice given to directors - **Attendance Record**: Names of present directors and confirmation of meeting quorum requirements - **Resolution Purpose**: Clear statement of the specific decision or action being approved - **Legal Authority**: Reference to relevant sections of company constitution or Corporations Act 2001 - **Voting Results**: Number of votes for and against, noting any abstentions - **Authentication**: Dated signatures of required directors and company seal if applicable - **Filing Details**: Instructions for recording in company books and ASIC notification requirements ## What's the difference between a Board Resolution and a Board Minutes? Board Resolutions and Board Minutes serve different but complementary roles in Australian corporate governance. While they're often created during the same meeting, they have distinct purposes and legal implications. - **Documentation Focus**: Board Minutes record everything discussed during a meeting, including debates and background information. Board Resolutions capture only the final decisions and formal approvals. - **Legal Weight**: Resolutions are standalone legal instruments that can be presented to banks or regulators as proof of authority. Minutes provide context but aren't typically used alone to demonstrate decision-making power. - **Format**: Minutes follow a chronological narrative structure, while Resolutions use precise, action-oriented language focusing on specific decisions. - **Usage**: Banks and external parties typically request Resolutions rather than Minutes when requiring proof of board approval. - **Record Keeping**: Both documents must be maintained under the Corporations Act, but Resolutions often require separate filing and certification. ## Templates in this category - [Allotment Of Shares Board Resolution](https://www.genieai.co/en-au/template/allotment-of-shares-board-resolution) - [Appointment Of Auditor Board Resolution](https://www.genieai.co/en-au/template/appointment-of-auditor-board-resolution) - [Appointment Of Nominee Director Resolution](https://www.genieai.co/en-au/template/appointment-of-nominee-director-resolution) - [Appointment Of Trustee Resolution](https://www.genieai.co/en-au/template/appointment-of-trustee-resolution) - [Audit Committee Resolution](https://www.genieai.co/en-au/template/audit-committee-resolution) - [Board Of Directors Resolution](https://www.genieai.co/en-au/template/board-of-directors-resolution) - [Board Of Directors Resolution Appointing Officers](https://www.genieai.co/en-au/template/board-of-directors-resolution-appointing-officers) - [Board Of Directors Resolution Form](https://www.genieai.co/en-au/template/board-of-directors-resolution-form) - [Board Resolution Appointing Committee Members](https://www.genieai.co/en-au/template/board-resolution-appointing-committee-members) - [Board Resolution Appointing Corporate Secretary](https://www.genieai.co/en-au/template/board-resolution-appointing-corporate-secretary) - [Board Resolution Appointing Officers](https://www.genieai.co/en-au/template/board-resolution-appointing-officers) - [Board Resolution Approving Budget](https://www.genieai.co/en-au/template/board-resolution-approving-budget) - [Board Resolution Approving Lease Agreement](https://www.genieai.co/en-au/template/board-resolution-approving-lease-agreement) - [Board Resolution Change Of Address](https://www.genieai.co/en-au/template/board-resolution-change-of-address) - [Board Resolution Change Of Directors](https://www.genieai.co/en-au/template/board-resolution-change-of-directors) - [Board Resolution Closing Bank Account](https://www.genieai.co/en-au/template/board-resolution-closing-bank-account) - [Board Resolution Closure Of Business](https://www.genieai.co/en-au/template/board-resolution-closure-of-business) - [Board Resolution Director Resignation](https://www.genieai.co/en-au/template/board-resolution-director-resignation) - [Board Resolution Dividend Distribution](https://www.genieai.co/en-au/template/board-resolution-dividend-distribution) - [Board Resolution For Acquisition Of Company](https://www.genieai.co/en-au/template/board-resolution-for-acquisition-of-company) - [Board Resolution For Appointment Of New Director](https://www.genieai.co/en-au/template/board-resolution-for-appointment-of-new-director) - [Board Resolution For Bank Account Signatory](https://www.genieai.co/en-au/template/board-resolution-for-bank-account-signatory) - [Board Resolution For Bank Guarantee](https://www.genieai.co/en-au/template/board-resolution-for-bank-guarantee) - [Board Resolution For Bank Loan](https://www.genieai.co/en-au/template/board-resolution-for-bank-loan) - [Board Resolution For Cancellation Of Shares](https://www.genieai.co/en-au/template/board-resolution-for-cancellation-of-shares) - [Board Resolution For Change In Shareholding Pattern](https://www.genieai.co/en-au/template/board-resolution-for-change-in-shareholding-pattern) - [Board Resolution For Change Of Company Name](https://www.genieai.co/en-au/template/board-resolution-for-change-of-company-name) - [Board Resolution For Digital Signature](https://www.genieai.co/en-au/template/board-resolution-for-digital-signature) - [Board Resolution For Disposal Of Assets](https://www.genieai.co/en-au/template/board-resolution-for-disposal-of-assets) - [Board Resolution For Entering Into Agreement](https://www.genieai.co/en-au/template/board-resolution-for-entering-into-agreement) - [Board Resolution For General Authorisation](https://www.genieai.co/en-au/template/board-resolution-for-general-authorisation) - [Board Resolution For General Authorisation](https://www.genieai.co/en-au/template/board-resolution-for-general-authorization) - [Board Resolution For Increase In Authorised Share Capital](https://www.genieai.co/en-au/template/board-resolution-for-increase-in-authorised-share-capital) - [Board Resolution For Increase In Authorised Share Capital](https://www.genieai.co/en-au/template/board-resolution-for-increase-in-authorized-share-capital) - [Board Resolution For Issue Of Convertible Notes](https://www.genieai.co/en-au/template/board-resolution-for-issue-of-convertible-notes) - [Board Resolution For Issue Of Shares](https://www.genieai.co/en-au/template/board-resolution-for-issue-of-shares) - [Board Resolution For Loan From Shareholder](https://www.genieai.co/en-au/template/board-resolution-for-loan-from-shareholder) - [Board Resolution For Partnership](https://www.genieai.co/en-au/template/board-resolution-for-partnership) - [Board Resolution For Power Of Attorney](https://www.genieai.co/en-au/template/board-resolution-for-power-of-attorney) - [Board Resolution For Purchase Of Car By Company](https://www.genieai.co/en-au/template/board-resolution-for-purchase-of-car-by-company) - [Board Resolution For Purchase Of Shares](https://www.genieai.co/en-au/template/board-resolution-for-purchase-of-shares) - [Board Resolution For Ratification Of Agreement](https://www.genieai.co/en-au/template/board-resolution-for-ratification-of-agreement) - [Board Resolution For Removal Of Authorised Signatory In Bank Account](https://www.genieai.co/en-au/template/board-resolution-for-removal-of-authorised-signatory-in-bank-account) - [Board Resolution For Removal Of Authorised Signatory In Bank Account](https://www.genieai.co/en-au/template/board-resolution-for-removal-of-authorized-signatory-in-bank-account) - [Board Resolution For Rent Agreement](https://www.genieai.co/en-au/template/board-resolution-for-rent-agreement) - [Board Resolution For Sale Of Property](https://www.genieai.co/en-au/template/board-resolution-for-sale-of-property) - [Board Resolution For Sale Of Shares](https://www.genieai.co/en-au/template/board-resolution-for-sale-of-shares) - [Board Resolution For Signing Authority](https://www.genieai.co/en-au/template/board-resolution-for-signing-authority) - [Board Resolution For Subdivision Of Shares](https://www.genieai.co/en-au/template/board-resolution-for-subdivision-of-shares) - [Board Resolution Of Private Limited Company](https://www.genieai.co/en-au/template/board-resolution-of-private-limited-company) - [Board Resolution Removing Officer](https://www.genieai.co/en-au/template/board-resolution-removing-officer) - [Board Resolution To Dissolve Corporation](https://www.genieai.co/en-au/template/board-resolution-to-dissolve-corporation) - [Board Resolution To Open Bank Account](https://www.genieai.co/en-au/template/board-resolution-to-open-bank-account) - [Board Resolution To Purchase Property](https://www.genieai.co/en-au/template/board-resolution-to-purchase-property) - [Board Resolution To Transfer Shares](https://www.genieai.co/en-au/template/board-resolution-to-transfer-shares) - [Board Resolution To Withdraw Money From Bank](https://www.genieai.co/en-au/template/board-resolution-to-withdraw-money-from-bank) - [Company Resolution](https://www.genieai.co/en-au/template/company-resolution) - [Company Secretary Resolution](https://www.genieai.co/en-au/template/company-secretary-resolution) - [Corporate Resolution Form](https://www.genieai.co/en-au/template/corporate-resolution-form) - [Corporate Resolution Form For LLC](https://www.genieai.co/en-au/template/corporate-resolution-form-for-llc) Showing 60 of 79. 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