| Commentary

27 Restrictions on appointment of secretary

| Commentary

27 Restrictions on appointment of secretary

The directors of a public company are obliged to take all reasonable steps to secure that the secretary (or each joint secretary) is a person who appears to them to have the requisite knowledge and experience to discharge the functions of secretary, and is a person who:

  1. 27.1

        has held the office of secretary of a public company for at least three of the five years immediately preceding his appointment; or

  2. 27.2

        is a member of any of the major accountancy bodies1; or

  3. 27.3

        is a barrister, advocate or solicitor called

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