ACCA Applied Skills · Corporate and Business Law (Global) · Other company officers
Bryn is company secretary of Tolan plc. Which of the following is a typical duty of a company secretary in relation to the company's meetings?
A typical duty of the company secretary is giving notice of meetings and keeping minutes of proceedings. The secretary performs administrative and compliance tasks, whereas strategy and dividend recommendations are decisions for the board of directors.
- ADeciding the dividend to be recommended to shareholders
- BGiving notice of meetings and keeping minutes of proceedingsCorrect
- CSetting the company's long-term business strategy
Explanation
The secretary's usual administrative duties include sending notices of general and board meetings, preparing agendas, recording minutes and maintaining the statutory registers. Strategy and dividend recommendations are matters for the directors.
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