# Companies Act 2006, Section 226B: Remuneration payments

Extent: E+W+S+N.I.

(1) A quoted company ... may not make a remuneration payment to a person who is, or is to be or has been, a director of the company unless—
(a) the payment is consistent with the approved directors' remuneration policy, or
(b) the payment is approved by resolution of the members of the company.
(2) The approved directors' remuneration policy is the most recent remuneration policy to have been approved by a resolution passed by the members of the company in general meeting.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/226B (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-226B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.