Amendment to section 497
This section has no associated Explanatory Memorandum
25. In section 497 (auditor’s report on auditable part of directors’ remuneration report)—
(a)in subsection (1), after “quoted company” insert “or unquoted traded company”;
(b)after subsection (2) insert—
“(3) In this section “unquoted traded company” means a traded company (as defined by section 360C) that is not a quoted company.”.