ExpertEasy1 markMultiple Choice
ACCA · Question 36 · Corporate and Business Law
Is a private limited company legally required to have a company secretary?
Is a private limited company legally required to have a company secretary?
Answer options:
A.
Yes, all companies must have a secretary.
B.
No, the requirement was abolished by the Companies Act 2006.
C.
Yes, unless the company has only one director.
D.
No, but they must employ an external solicitor instead.
How to approach this question
Recall the deregulation introduced by the CA 2006 for private companies.
Full Answer
B.No, the requirement was abolished by the Companies Act 2006.✓ Correct
The Companies Act 2006 removed the mandatory requirement for private companies to appoint a company secretary, though they may still choose to do so.
Common mistakes
Confusing the rules for public companies (who must have a qualified secretary) with private companies.
Practice the full ACCA LW — Corporate and Business Law Practice Exam 1
60 questions · hints · full answers · grading
More questions from this exam
Q01Which of the following courts is bound by the decisions of the Court of Appeal (Civil Division)?EasyQ02In the context of statutory interpretation, what is the 'mischief rule'?MediumQ03Which of the following statements regarding the Human Rights Act 1998 is correct?MediumQ04A shop displays a laptop in its window with a price tag of £50. The actual price is £500. A custo...EasyQ05Which of the following represents a valid exception to the rule that past consideration is no con...Medium