Easy1 markMultiple Choice
Management, administration and the regulation of companiesSection ASyllabus FCorporate and Business Law
ACCA · Question 39 · Management, administration and the regulation of companies
What is the minimum legal age for a person to be appointed as a director of a UK company?
What is the minimum legal age for a person to be appointed as a director of a UK company?
Answer options:
A.
16 years old.
B.
18 years old.
C.
21 years old.
D.
There is no minimum age.
How to approach this question
Recall the specific statutory age limit introduced by the Companies Act 2006.
Full Answer
A.16 years old.✓ Correct
Section 157 of the Companies Act 2006 stipulates that a person may not be appointed a director of a company unless they have attained the age of 16 years. This was introduced to stop the practice of appointing young children as directors.
Common mistakes
Assuming the minimum age is 18 (the age of contractual capacity).
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