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Practice ACCA ACCA LW — Corporate and Business Law Practice Exam 3Question 36

Easy1 markMultiple Choice

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?

Answer options:

A private company limited by shares (Ltd)

A public limited company (Plc)

A company limited by guarantee

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.

Question 35 All questions Question 37

Practice the full ACCA LW — Corporate and Business Law Practice Exam 3

60 questions · hints · full answers · grading

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