MEETINGS: COMPLIANCE AND ADMINISTRATION AUGUST 2022 PAST PAPER

WEDNESDAY: 3 August 2022. Morning paper. Time Allowed: 3 hours.

Answer ALL questions. Marks allocated to each question are shown at the end of the question. Do NOT write anything on this paper.

QUESTION ONE

1.  Explain the term “public place” in regard to public order legislation. (2 marks)

2. Describe three contents of a notice for a public meeting issued by a regulating officer or the police. (3 marks)

3. Discuss five reasons why an organisation might prefer to employ an in-house corporate secretary and not outsource. (10 marks)

4. Analyse five characteristics of a good resolution in a meeting. (5 marks)

(Total: 20 marks)

QUESTION TWO

1. Discuss five roles of a corporation secretary in a shareholders’ meeting. (5 marks)

2. According to Mwongozo; the code of governance for state corporations, the conduct of Board meetings may be
undertaken through tele/video conferencing in the case where some of the participants might not be physically
present.

Assess five guiding principles for such board meetings. (5 marks)

3. Explain five steps followed to ensure compliance strategy and planning is effected in an organisation. (5 marks)

4. Describe five conditions to be met for a creditor under a bill of exchange or a promissory note to vote in a
creditor’s meeting. (5 marks)

(Total: 20 marks)

QUESTION THREE

1. Discuss four ways in which members are supposed to behave whenever the speaker of the National Assembly is
in the assembly or rises to intervene in a debate. (4 marks)

2. Identify six documents required by law to be kept at the registered office of a company. (6 marks)

3. Describe the procedure to be followed by a company to alter its memorandum of association. (6 marks)

4. Describe four requirements for affixation of the common seal of a company. (4 marks)

(Total: 20 marks)

QUESTION FOUR

1.  Appraise five roles of stock brokers in securities markets. (5 marks)

2. Explain six contents of an annual return made by the co-operative societies in your country. (5 marks)

3. Assess five benefits of having a compliance strategy to an organisation. (10 marks)

(Total: 20 marks)

QUESTION FIVE

1. Discuss three legally permitted uses of the share premium on issued shares. (3 marks)

2. Examine five shares payment methods. (5 marks)

3. Describe four types of dividends that could be issued by a company (4 marks)

4. Evaluate eight benefits to attendees of holding meetings virtually (8 marks)

(Total: 20 marks)

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