Regulation 7 Chapter 9 of Part 15

(1)

In the heading to Chapter 9 of Part 15 (quoted companies and traded companies: members’ approval of directors’ remuneration report)^f1, omit “and traded companies”.

(2)

In section 439 (quoted companies and traded companies: members’ approval of directors’ remuneration report)^f2—

(a)

in the heading, omit “and traded companies”;

(b)

in subsection (1), for “company to which this section applies” substitute “quoted company”;

(c)

omit subsection (1A).

(3)

In section 439A (quoted companies and traded companies: members’ approval of directors’ remuneration policy)^f3—

(a)

in the heading, omit “and traded companies”;

(b)

in subsection (1)—

(i)

in the opening words, omit “or unquoted traded company”;

(ii)

in paragraph (a), omit “or (as the case may be) an unquoted traded company”;

(c)

in subsections (2), (2A) and (3), omit “or unquoted traded company”;

(d)

in subsection (8), omit paragraph (c).

(4)

In section 440 (quoted companies and traded companies: offences in connection with procedure for approval)^f4, in the heading omit “and traded companies”.

Annotations

Footnotes

f1: The heading was amended by S.I. 2019/970.
f2: Subsection (1) was amended by section 79(3) of the Enterprise and Regulatory Reform Act 2013; the heading, subsection (1) and subsection (1A) were amended by S.I. 2019/970.
f3: Section 439A was inserted by section 79(4) of the Enterprise and Regulatory Reform Act 2013; the heading, subsections (1), (2), (3), (4) and (8) were amended, and subsection (2A) was inserted, by S.I. 2019/970.
f4: The heading to section 440 was amended by S.I. 2019/970.