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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Minimum members for public company
Hi with the CA 2006.
Can you confirm the minimum number of members & directors and shareholders for public companies ?
Thank you in advance π x
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
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?
I was only asking for clarification as i had also seen various answers. Thank you for your help
You’re welcome
