Companies Act 1985

Emoluments waived

27 (1) There shall be shown—

(a) the number of directors who have waived rights to receive emoluments which, but for the waiver, would have fallen to be included in the amount shown under paragraph 22, and

(b) the aggregate amount of those emoluments.

(2) For these purposes—

(a) it is assumed that a sum not receivable in respect of a period would have been paid at the time at which it was due to be paid,

(b) a sum not so receivable that was payable only on demand, being a sum the right to receive which has been waived, is deemed to have been due to be paid at the time of the waiver.