Member for Yerrabi and former Canberra Liberal Leader, Alistair Coe on Friday formally resigned from the ACT Legislative Assembly.

Mr Coe announced his intention to step away from politics back in January after having stepped down as party leader following the Liberal’s loss during last year Territory election.

After 12 years of serving in the Assembly, Coe said now was the right time to walk away.

“It’s time for a change but I’m not quite sure what that change is.”

“It’ll be a good opportunity to reset and to spend some more time with my lovely family.” He added.

Mr Coe said he had mixed emotions ahead of his resignation, unable to pinpoint a single moment that stood out as highlight.

Instead, he said it was obvious what he’d miss most.

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“Doing the local member things, helping people in their daily lives, helping people with suburban issues or a neighbourhood problem.”

“They’re the sorts of things that bring a lot of satisfaction and hopefully make a real impact on people’s quality of life.”

Mr Coe’s resignation has triggered a countback of the votes cast in the Yerrabi electorate during last October’s election.

It’s expected a result for Mr Coe’s replacement will be known in within the next two weeks.