A Board Resolution Director Resignation is a crucial corporate governance document required under Australian law when a director steps down from their position on a company's board. This document is essential for maintaining accurate corporate records and ensuring compliance with the Corporations Act 2001 (Cth). It should be prepared whenever a director submits their resignation and needs to be formally accepted by the board. The resolution typically includes details about the resignation timing, any transitional arrangements, and acknowledgment of the director's service. It serves multiple purposes: documenting the board's formal acceptance of the resignation, facilitating ASIC notifications, and providing evidence of proper corporate governance procedures. This document is particularly important for both private and public companies in Australia, as it forms part of the official company records and may be required for regulatory compliance, audit purposes, or future due diligence.

1. Header Information: Company name, ACN, document title, and date of resolution

2. Attendance and Quorum: List of directors present and confirmation of meeting quorum requirements being met

3. Notice and Time: Confirmation that proper notice was given and details of when/where the meeting was held

4. Background: Brief context including reference to the director's resignation letter and date of submission

5. Resolution: The formal resolution accepting the director's resignation, including effective date

6. Closure: Formal closing of the resolution including signature block for board chair or company secretary