The Building Societies (Accounts and Related Provisions) Regulations 1992

Details of chairman’s and directors' emoluments

5.—(1) The emoluments of the chairman shall be shown.

(2) Where there has been more than one chairman during the year, the emoluments of each shall be stated so far as attributable to the period during which he was chairman.

(3) The following information shall be given with respect to the emoluments of directors—

(a) There shall be shown the number of directors whose emoluments fell within each of the following bands— not more than £5,000, more than £5,000 but not more than £10,000, more than £10,000 but not more than £15,000, and so on.

(b) If the emoluments of any of the directors exceeded that of the chairman, there shall be shown the greatest amount of emoluments of any director.

(c) Where more than one person has been chairman during the year, the reference in paragraph (b) to the emoluments of the chairman is to the aggregate of the emoluments of each person who has been chairman, so far as attributable to the period during which he was chairman.

(d) The information required by paragraph (a) need not be given in respect of a director who discharged his duties as such wholly or mainly outside the United Kingdom; and any such director shall be left out of account for the purposes of paragraph (b).

(e) In this paragraph “emoluments” has the same meaning as in paragraph 4, except that it does not include contributions paid in respect of a person under a pension scheme.