Point in time view as at 06/04/2015.
Companies Act 2006, Cross Heading: Requirement for theoretical instruction or professional experience is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
7(1)The qualification must be restricted to persons who—U.K.
(a)have completed a course of theoretical instruction in the subjects prescribed for the purposes of paragraph 8, or
(b)have a sufficient period of professional experience.
(2)The reference in sub-paragraph (1)(b) to “a sufficient period of professional experience” is to not less than seven years' experience in a professional capacity in the fields of finance, law and accountancy.
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