# The Building Societies (Accounts and Related Provisions) Regulations 1992, Paragraph 9: Sums paid to third parties in respect of directors' services


(1) There shall be shown the aggregate amount of any consideration paid to or receivable by third parties for making available the services of any person—
(a) as a director of the society, or
(b) while director of the society—
(i) as director of any of its associated bodies, or
(ii) otherwise in connection with the management of the affairs of the society or any of its associated bodies.
(2) (a) The reference in subparagraph (1) to consideration includes benefits paid or receivable otherwise than in cash; and in relation to such consideration the reference to its amount is to the estimated money value of the benefit.
(b) The nature of any such consideration shall be disclosed.
(3) The reference in subparagraph (1) to third parties is to persons other than—
(a) the director himself or a person connected with him or a body corporate associated with him, and
(b) the society or any of its associated bodies.

---
Source: https://www.legislation.gov.uk/uksi/1992/359/schedule/5/paragraph/9 (the official version)
Page: https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1992/schedule-5/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

