• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

Minimum members for public company

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.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • June 18, 2015 at 5:31 pm #257780
    Vicks
    Participant
    • Topics: 17
    • Replies: 19
    • ☆

    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 #257787
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23307
    • ☆☆☆☆☆

    As 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 #258022
    Vicks
    Participant
    • Topics: 17
    • Replies: 19
    • ☆

    Thank 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 #258041
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23307
    • ☆☆☆☆☆

    I 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 #258062
    Vicks
    Participant
    • Topics: 17
    • Replies: 19
    • ☆

    I was only asking for clarification as i had also seen various answers. Thank you for your help

    June 19, 2015 at 4:26 pm #258081
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23307
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
Viewing 6 posts - 1 through 6 (of 6 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • MZahidrafique on ACCA F2 Key to success
  • ACCA2025@ on Professionalism, ethical codes and the public interest – ACCA Strategic Business Leader (SBL)
  • Barlow1989 on CIMA BA2 – Accounting for Management
  • eloisabraith on FA Chapter 6 Questions Depreciation
  • azubair on Optimal pricing – equations- ACCA Performance Management (PM)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in