Yn ddilys o 25/04/2013
[F1422ARevisions to directors' remuneration policyU.K.
(1)The directors' remuneration policy contained in a company's directors' remuneration report may be revised.
(2)Any such revision must be approved by the board of directors.
(3)The policy as so revised must be set out in a document signed on behalf of the board by a director or the secretary of the company.
(4)Regulations under section 421(1) may make provision as to—
(a)the information that must be contained in a document setting out a revised directors' remuneration policy, and
(b)how information is to be set out in the document.
(5)Sections 422(2) and (3), 454, 456 and 463 apply in relation to such a document as they apply in relation to a directors' remuneration report.
(6)In this section, “directors' remuneration policy” means the policy of a company with respect to the matters mentioned in section 421(2A).]
Textual Amendments
F1S. 422A inserted (25.4.2013 for specified purposes) by Enterprise and Regulatory Reform Act 2013 (c. 24), ss. 79(2), 103(1)(i)