The company must give notice to ASIC of a director's resignation within 28 days unless the director has given the notice to. ASIC discussed above (s 205B).2014 the AAT affirmed the decision of ASIC's delegate to ban him permanently. Tarrant. Gives effect to our stock split in the form of a stock dividend on December 5, 2013, as described under "—Stock Split. " TPG Specialty Lending. Thus directors of a reinstated com- pany should be mindful of the need to ensure that the reinstated company is able to perform its contractual obligations. Mr Tarrant was nominated as a Director of the Company by. Barro Properties Pty Ltd and Barro Group Pty Ltd.