Description

Application to change the cessation date of a director

Purpose

A company or person who resigned as a director of a company may apply to ASIC to change the director’s cessation date only when:

• a Change to company details or Form 370 has been lodged to cease the person as a director on ASIC’s register, and
• the effective date has been replaced by ASIC with the lodgement date of the form that ceased the person as a director, and
• the application is made to ASIC within 56 days after the day the person stopped being a director of the company.

This form cannot be used to notify us of the cessation of a director.

If the person has not yet ceased as a director on ASIC’s register, you need to lodge a Change to company details or Form 370.

Applicable Fees

$49

Lodging Period

This application must be made within 56 days after the day the person stopped being a director of the company

If outside this timeframe, the applicant will need to apply to the court to change your cessation date. 

Late Fees

Not applicable

Legislation References

Corporations Act 2001\203AA\2

Related Forms

Changing officeholder details

Form 105

Related Information

 Apply to change your cessation date

Online Lodgement

Not applicable

Paper Lodgement

Download Form 502 (PDF 118 KB)

last updated: 15/09/2022

Payment options and address for lodgement

Payment must be included when lodging the form and can be made by cheque or money order.

Generally, forms should be posted to:

Australian Securities and Investments Commission

PO Box 4000

Gippsland Mail Centre VIC 3841