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Syllabus F: Management, administration and the regulation of companiesSection ACorporate and Business Law
ACCA · Question 36 · Syllabus F: Management, administration and the regulation of companies
Under the Companies Act 2006, which type of company is legally required to appoint a company secretary?
Under the Companies Act 2006, which type of company is legally required to appoint a company secretary?
Answer options:
A.
A private company limited by shares (Ltd)
B.
A public limited company (Plc)
C.
A company limited by guarantee
D.
An unlimited company
How to approach this question
Recall the deregulation introduced for private companies regarding company secretaries.
Full Answer
B.A public limited company (Plc)✓ Correct
The Companies Act 2006 removed the requirement for private companies to appoint a company secretary, reducing the administrative burden on small businesses. However, public companies (Plcs) must still appoint a suitably qualified company secretary.
Common mistakes
Assuming all companies must have a secretary, based on older company law.
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