ASIC Guide for Small Business Directors

ASIC has produced an online guide for Small Business Directors.

The aim of the guide is to help small business directors comply with their legal obligations.

The guide sets out:
• what it means to be a director of a company
• directors’ key responsibilities
• directors’ liabilities when things go wrong
• how to become a director of a company
• how to resign as a director.

The guide can be found