Articles of association (UK company)
Articles address matters such as decision-making, directors and members, subject to applicable company law and the company’s particular provisions. Under section 33 of the Companies Act 2006, the constitution has an effect between the company and its members as described in that section; it should not be assumed to create identical rights for every outsider. The content and amendment process depend on the applicable law, current articles and any required resolution. This UK example is not a universal company-law rule.
Worked example
Members review their company’s articles to check the voting procedure for a proposed decision and then check the applicable statutory requirements.
Common mistake
Assuming every company has identical articles or that an article can override a binding statutory requirement.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | LW (ENG) | Direct | September 2026–June 2027 |