Will Smith will not be able to attend the Oscars for ten years

What does Will Smith's resignation from the Academy imply?

5:19

(CNN) --

Will Smith won't be able to attend the Academy Awards for the next 10 years as a result of slapping comedian Chris Rock onstage at this year's Oscars, the Academy of Arts and Entertainment announced. Motion Picture Sciences in a statement obtained by CNN.

"Today, the Board of Governors convened a meeting to discuss how best to respond to Will Smith's actions at the Oscars, in addition to accepting his resignation," read the statement from Board Chairman David Rubin and the executive director, Dawn Hudson.

“The Board has decided, for a period of 10 years beginning April 8, 2022, that Mr. Smith will not be able to attend any Academy events or programs, in person or virtually, including but not limited to the Academy Awards. of the Academy".

• Chris Rock's brother Kenny says Will Smith's slap 'gnaws at him'

The decision was made during a Board of Governors meeting earlier in the day in Los Angeles.

The meeting to discuss sanctions, initially scheduled for April 18, was accelerated after Smith announced his resignation from the Academy last week.

The Board of Governors said in a previous statement that they wanted the matter "handled in a timely manner."

'Saturday Night Live' recreates Will Smith's slap at the Oscars 1:30

Smith's resignation means he is no longer part of the Academy's voting body, but it does not prevent the Oscar winner from being nominated in the future, a source with knowledge previously told CNN.

CNN has reached out to Smith's representatives for comment.

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Jim Carrey says he would have sued Will Smith if he was Chris Rock 0:56