Is a private limited company legally required to appoint a company secretary under the Companies Act 2006?

Answer options:

Yes, all companies must have a secretary.

No, it is optional for private companies.

Yes, but only if the company has more than one director.

No, neither private nor public companies require a secretary.

How to approach this question

Recall the deregulation introduced by the Companies Act 2006 for private companies.

Full Answer

B.No, it is optional for private companies.✓ Correct

Under Section 270 of the Companies Act 2006, a private limited company is no longer legally required to have a company secretary, although it may choose to appoint one. Public companies (PLCs), however, must have a suitably qualified company secretary.

Common mistakes

Applying the PLC rule to private companies.

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Practice the full ACCA LW — Corporate and Business Law Practice Exam 4

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