Section 165: Qualifications of Secretary

165. Qualifications of Secretary (1) Every Secretary of a public company or of a private company other than a small private company or an Authorised Company shall be— (a) a law practitioner, a legal consultant, a law firm, a member of one of the bodies referred to in section 198 (1), a member of the Institute of Chartered Secretaries and Administrators of the United Kingdom or a member of the Chartered Institute of Management Accountants of United Kingdom; or (b) a member of a professional association of company secretaries approved by the Minister under section 111 (2) of the Companies Act 1984 or by the Minister under subsection (2). (2) The Minister may, for the purpose of subsection (1) (b), approve an association of company secretaries and notify such approval in the Gazette. (3) Subject to subsection (4) the Minister may revoke an approval granted under subsection (2), or any approval given by the Minister under the Companies Act 1984, where he is satisfied that the association is not maintaining satisfactory standards in the admission of its members or is failing to exercise effective supervision and discipline of its members. (4) The Minister shall not revoke the approval of any association which has been approved under subsection (2) without first providing that association with an opportunity to make representations. [S. 165 amended by s. 7 (e) of Act 14 of 2009 w.e.f. 30 July 2009; s. 10 (f) of Act 9 of 2015 w.e.f. 14 May 2015; s. 13 (j) of Act 11 of 2018 w.e.f. 1 October 2018.]