{
  "url": "https://openlegislation.uk/community-interest-company-regulations-2005/schedule-4A/paragraph-7",
  "json_url": "https://openlegislation.uk/community-interest-company-regulations-2005/schedule-4A/paragraph-7.json",
  "legislation": "uksi/2005/1788",
  "legislation_title": "The Community Interest Company Regulations 2005",
  "legislation_url": "https://openlegislation.uk/community-interest-company-regulations-2005",
  "path": "schedule/4A/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": "Meaning of “remuneration”",
  "text": "(1) In this Schedule “remuneration” of a director includes—\n(a) salary, fees and bonuses, sums paid by way of expenses allowance (so far as they are chargeable to United Kingdom income tax), and\n(b) subject to sub-paragraph (2), the estimated money value of any other benefits received by the director otherwise than in cash.\n(2) The expression “remuneration” does not include—\n(a) the value of any share options granted to a director or the amount of any gains made on the exercise of any such options,\n(b) any company contributions paid, or treated as paid, in respect of the director under any pension scheme or any benefits to which the director is entitled under any such scheme, or\n(c) any money or other assets paid to or received or receivable by the director under any long term incentive scheme.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 4A inserted (7.8.2018 with application in accordance with reg. 1(3) of the amending S.I.) by The Companies (Miscellaneous Reporting) Regulations 2018 (S.I. 2018/860), reg. 1(3), Sch."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/1788/schedule/4A/paragraph/7",
    "retrieved_at": "2026-11-09T03:31:00.086408+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}