According to the Academy of Motion Picture Arts and Sciences, Will Smith was banned from Academy events and programs for 10 years

The academy board made the decision on Friday, nearly two weeks after Smith slapped Chris Rock onstage at the Oscars.

“The 94th Academy Awards should be a celebration of the many individuals in our community who have done incredible work over the past year. However, those moments were overshadowed by the unacceptable and harmful behavior we saw Mr. Smith engage in on stage,” the Academy said in a statement. “…This action we are taking today in response to Will Smith’s behavior is a step toward a larger goal of protecting the safety of our artists and guests and restoring confidence in the Academy. We also hope that this can begin a time of healing and recovery for all involved and affected.”

The ban will come into effect on April 8, 2022.

“I will accept and respect the Academy’s decision,” Smith said in a brief statement to CNN.

After the slap, which was watched around the world, Smith sat back down and yelled obscenities at Rock from his seat. Later in the show, he took to the stage to accept the Best Actor award. Since that night, Smith has issued a series of apologies and has resigned from the academy.

WATCH: Will Smith resigns from academy over slap by Chris Rock Here’s what that means

Prior to the Academy’s announcement, Hollywood insiders had speculated that Smith’s punishment could include a ban on future nominations.

“They could ban him from the nomination, which would supposedly affect his career because any Oscar movie or Oscar wannabe movie probably wouldn’t think twice about casting him because it would cast a shadow over the production,” said IndieWire Editor-in-Chief Dana Harris-Bridson.

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