Paragraph 2 Consideration by the directors of matters relating to directors’ remuneration

United Kingdom

(1)

If a committee of the company’s directors has considered matters relating to the directors’ remuneration for the relevant financial year, the directors’ remuneration report shall—

(a)

name each director who was a member of the committee at any time when the committee was considering any such matter;

(b)

name any person who provided to the committee advice, or services, that materially assisted the committee in their consideration of any such matter;

(c)

in the case of any person named under paragraph (b), who is not a director of the company, state—

(i)

the nature of any other services that that person has provided to the company during the relevant financial year; and

(ii)

whether that person was appointed by the committee.

(2)

In sub-paragraph (1)(b) “person” includes (in particular) any director of the company who does not fall within sub-paragraph (1)(a).

Notes on Schedule 7A

Textual amendments

F1: Sch. 7A repealed (6.4.2008) by Companies Act 2006 (c. 46), ss. 1295, 1300, Sch. 16; S.I. 2007/3495, art. 8(a), Sch. 2 Pt. 1 (with arts. 7, 12)
F2: Sch. 7A inserted (1.8.2002) by The Directors' Remuneration Report Regulations 2002 (S.I. 2002/1986), reg. 9, Sch.