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Selena and Watti are in a mother and daughter relationship and are also directors of a family - owned company. Selena formally retires from her
Selena and Watti are in a mother and daughter relationship and are also directors of a familyowned company. Selena formally retires from her directorship and ASIC is properly notified of her retirement. However, Watti asks her mother to remain in place as the authorised officerfor the purposes of the companys dealings with the Australian Tax Office ATOuntil the new board structure is determined. Will this impact her directorship retirement?
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