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    PracticeACCAACCA LW — Corporate and Business Law Practice Exam 1Question 36
    Easy1 markMultiple Choice
    Corporate and Business LawSection ASyllabus FManagement and Administration

    ACCA · Question 36 · Corporate and Business Law

    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.
    Question 35All questionsQuestion 37

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