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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Pg 57 no 22.3 bpp revision kit
I have gone through the lecture note when answering the question in the bpp. I found that 1/3 rotation procedure and all directors retire every year. When coming to the question I don’t know which is which, i. e which of the two happens at the first AGM?
At the first AGM, ALL directors retire … it’s the first opportunity that the members have to decide who they want to remain on the board
OK?
