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Additional Requirements For Recognition Of Supervisory Bodies
- (1) Part 2 of Schedule 11 to the Companies Act 1989 (c. 40) (requirements for recognition of supervisory bodies for purposes of provisions relating to company auditors) is amended as follows. (2) After paragraph 7(1) (body must have rules and practices for ensuring company audit work is carried out with integrity and without conflicts of interest) insert- "(1A) The body must participate in arrangements within paragraph 17, and the rules and practices mentioned in sub-paragraph (1) above must include provision requiring compliance with any standards for the time being determined under such arrangements."
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Persons Authorised To Apply To Court In Connection With Defective Accounts
- 1) Section 245C of the Companies Act 1985 (c. 6) (other persons authorised to apply to court) is amended as follows. (2) After subsection (1) insert- "(1A) But where the order giving authorisation (see subsection (4)) is to contain any requirements or other provisions specified under subsection (4A), the Secretary of State may not authorise a person unless, in addition, it appears to him that the person would, if authorised, exercise his functions as an authorised person in accordance with any such requirements or provisions." (3) After subsection (4) insert- "(4A) An order under subsection (4) may contain such requirements or other provisions relating to the exercise of functions by the authorised person as appear to the Secretary of State to be appropriate.
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What Are The Advantages To Being A Ltd Company
- Would you like to appoint a nominee secretary or director? For companies with one director you are required by law to appoint a company secretary or another director. We can provide you with a nominee secretary for this purpose. Optionally you can appoint a nominee director. Business people are aware that a breach of the rules can lead to companies being struck off and even the prosecution of directors. Delegating the company secretarial work means that directors can be sure that their company is complying with this vastly legalistic area, leaving them to concentrate on their core business. We can perform health checks on company books and records to bring them up-to-date - perhaps in preparation for a sale or merger. Every English, Scottish and Irish company is required by law to have a company secretary. Company secretaries also work in many other types of organisations, such as charities, trade and professional associations, universities, local authorities and the health service.
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