Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Minimum members for public company
- This topic has 5 replies, 2 voices, and was last updated 9 years ago by MikeLittle.
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- June 18, 2015 at 5:31 pm #257780
Hi with the CA 2006.
Can you confirm the minimum number of members & directors and shareholders for public companies ?Thank you in advance 🙂 x
June 18, 2015 at 5:54 pm #257787As you rightly quote the Act (Companies Act 2006) this states that the minimum number of directors in a plc is 1 (one)
1 (one) is also the minimum number of members
For your purposes, “members” and “shareholders” are synonymous
June 19, 2015 at 11:12 am #258022Thank you for your response that has clarified the members part for CA 2006.
However via this link https://www.legislation.gov.uk/ukpga/2006/46/part/10it says minimum director for PLC is 2 ?Can you confirm , thank you in advance 🙂
June 19, 2015 at 12:37 pm #258041I can’t cope with this! On the internet I find all sorts of answers for minimum number of members and directors with relevant details from around the world! India to Australia, South Africa to USA. https://www.legislation.gov.uk/ukpga/2006/46/part/10 (thanks for the link) tells me that it’s two but the internet yesterday (different page) clearly said “one” – maybe that was for Bhutan!
Incidentally, if you knew the link and had found that it was two, why did you ask me? Am I being tested?
June 19, 2015 at 2:44 pm #258062I was only asking for clarification as i had also seen various answers. Thank you for your help
June 19, 2015 at 4:26 pm #258081You’re welcome
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