Regulation 3 Disclosure of remuneration: small and medium-sized companies

In the notes to the annual accounts of a small or medium-sized company, there shall be disclosed the amount of any remuneration receivable by the company’s auditors for the auditing of the accounts.

Where remuneration includes benefits in kind, its nature and estimated money-value shall also be disclosed in the notes.

Where more than one person has been appointed as a company’s auditor during the period to which the accounts relate, separate disclosure is required in respect of remuneration of each such person.