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The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008

S.I. 2008/410 · Made 19 February 2008 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 1 January 2026.

COMPANIES

Made 19th February 2008

Coming into force 6th April 2008

The Secretary of State makes the following Regulations in exercise of the powers conferred by sections 396(3), 404(3), 409(1) to (3), 412(1) to (3), 416(4), 421(1) and (2), 445(3)(a) and (b), 677(3)(a), 712(2)(b)(i), 831(3)(a), 832(4)(a), 836(1)(b)(i) and 1292(1) (a) and (c) of the Companies Act 2006 M1C1C2.

In accordance with sections 473(3) and 1290 of the Companies Act 2006 a draft of this instrument was laid before Parliament and approved by a resolution of each House of Parliament.

Annotations to the whole text

Marginal citations

M1

2006 c.46.

Modifications

C1

Regulations applied (with modifications) (6.4.2008 with application in accordance with reg. 1(2) of the modifying S.I.) by The Partnerships (Accounts) Regulations 2008 (S.I. 2008/569), reg. 1(2), Sch. 1 paras. 1(1)(c)(2), 2(2)

C2

Regulations applied in part (with modifications) (1.10.2008 with application in accordance with reg. 2(2)-(4) of the modifying S.I.) by The Large and Medium-sized Limited Liability Partnerships (Accounts) Regulations 2008 (S.I. 2008/1913), regs. 2-7, Schs. 1-4 (as amended (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by S.I. 2016/575, regs. 2(1), 49-61)

Contents

  1. Part 1: INTRODUCTION
  2. 1Citation and interpretation
  3. 2Commencement and application
  4. Part 2: FORM AND CONTENT OF ACCOUNTS
  5. 3Companies Act individual accounts (companies other than banking and insurance companies)
  6. 4Medium-sized companies: exemptions for Companies Act individual accounts
  7. 5Companies Act individual accounts: banking companies
  8. 6Companies Act individual accounts: insurance companies
  9. 7Information about related undertakings (Companies Act or IAS individual or group accounts)
  10. 8Information about directors' benefits: remuneration (Companies Act or IAS individual or group accounts: quoted and unquoted companies)
  11. 9Companies Act group accounts
  12. Part 3: DIRECTORS' REPORT
  13. 10Directors' report
  14. Part 4: DIRECTORS' REMUNERATION REPORT
  15. 11Directors' remuneration report (quoted companies ...)
  16. Part 5: INTERPRETATION
  17. 12Definition of “provisions”
  18. 13General interpretation
  19. Part 6: REVIEW
  20. 14Review
  21. Signature
  22. Schedule 1: COMPANIES ACT INDIVIDUAL ACCOUNTS: COMPANIES WHICH ARE NOT BANKING OR INSURANCE COMPANIES
  23. Part 1: GENERAL RULES AND FORMATS
  24. GENERAL RULES
  25. 1Paragraph 1
  26. 1AParagraph 1A
  27. 2Paragraph 2
  28. 3Paragraph 3
  29. 4Paragraph 4
  30. 5Paragraph 5
  31. 6Paragraph 6
  32. 7Paragraph 7
  33. 8Paragraph 8
  34. 9Paragraph 9
  35. 9AParagraph 9A
  36. THE REQUIRED FORMATS FOR ACCOUNTS
  37. Balance sheet formatsFormat 1
  38. Balance sheet formatsFormat 2
  39. Notes on the balance sheet formats
  40. Profit and loss account formatsFormat 1 (see note (17) below)
  41. Profit and loss account formatsFormat 2
  42. Profit and loss account formatsFormat 3 (see note (17) below)
  43. Profit and loss account formatsFormat 4
  44. Notes on the profit and loss account formats
  45. Part 2: ACCOUNTING PRINCIPLES AND RULES
  46. ACCOUNTING PRINCIPLES
  47. 10Preliminary
  48. 11Accounting principles
  49. 12Paragraph 12
  50. 13Paragraph 13
  51. 14Paragraph 14
  52. 15Paragraph 15
  53. 15AParagraph 15A
  54. HISTORICAL COST ACCOUNTING RULES
  55. 16Preliminary
  56. Fixed assets
  57. 17General rules
  58. 18Rules for depreciation and diminution in value
  59. 19Paragraph 19
  60. 20Paragraph 20
  61. 21Intangible Assets
  62. 22Intangible Assets
  63. 23Current assets
  64. 24Current assets
  65. Miscellaneous and supplementary provisions
  66. 25Excess of money owed over value received as an asset item
  67. 26Assets included at a fixed amount
  68. 27Determination of purchase price or production cost
  69. 28Determination of purchase price or production cost
  70. 29Substitution of original stated amount where price or cost unknown
  71. 29AEquity method in respect of participating interests
  72. ALTERNATIVE ACCOUNTING RULES
  73. 30Preliminary
  74. 31Preliminary
  75. 32Alternative accounting rules
  76. 33Application of the depreciation rules
  77. 34Additional information to be provided in case of departure from historical cost accounting rules
  78. 35Revaluation reserve
  79. FAIR VALUE ACCOUNTING
  80. 36Inclusion of financial instruments at fair value
  81. 37Determination of fair value
  82. 38Hedged items
  83. 39Other assets that may be included at fair value
  84. 40Accounting for changes in value
  85. 41The fair value reserve
  86. Part 3: NOTES TO THE ACCOUNTS
  87. 42Preliminary
  88. General
  89. 43Reserves and dividends
  90. 44Disclosure of accounting policies
  91. 45Paragraph 45
  92. Information supplementing the balance sheet
  93. 46Paragraph 46
  94. 47Share capital and debentures
  95. 48Paragraph 48
  96. 49Paragraph 49
  97. 50Paragraph 50
  98. 51Fixed assets
  99. 52Paragraph 52
  100. 53Paragraph 53
  101. 54Investments
  102. 55Information about fair value of assets and liabilities
  103. 56Paragraph 56
  104. 57Paragraph 57
  105. 58Information where investment property and living animals and plants included at fair value
  106. 59Reserves and provisions
  107. 60Provision for taxation
  108. 61Details of indebtedness
  109. 62Paragraph 62
  110. 63Guarantees and other financial commitments
  111. 64Miscellaneous matters
  112. Information supplementing the profit and loss account
  113. 65Paragraph 65
  114. 66Separate statement of certain items of income and expenditure
  115. 67Particulars of tax
  116. 68Particulars of turnover
  117. 69Miscellaneous matters
  118. 70Sums denominated in foreign currencies
  119. 71Dormant companies acting as agents
  120. 72Related party transactions
  121. 72APost balance sheet events
  122. 72BAppropriations
  123. Part 4: SPECIAL PROVISION WHERE COMPANY IS A PARENT COMPANY OR SUBSIDIARY UNDERTAKING
  124. 73Company's own accounts: guarantees and other financial commitments in favour of group undertakings Repealed
  125. Part 5: SPECIAL PROVISIONS WHERE THE COMPANY IS AN INVESTMENT COMPANY
  126. 74Paragraph 74
  127. 75Paragraph 75
  128. Schedule 2: BANKING COMPANIES: COMPANIES ACT INDIVIDUAL ACCOUNTS
  129. Part 1: GENERAL RULES AND FORMATS
  130. GENERAL RULES
  131. 1Paragraph 1
  132. 2Paragraph 2
  133. 3Paragraph 3
  134. 4Paragraph 4
  135. 5Paragraph 5
  136. 6Paragraph 6
  137. 7Paragraph 7
  138. 8Paragraph 8
  139. 9Paragraph 9
  140. 10Paragraph 10
  141. 10AParagraph 10A
  142. THE REQUIRED FORMATS
  144. ASSETS
  145. LIABILITIES
  146. MEMORANDUM ITEMS
  147. Notes on the balance sheet format and memorandum i
  148. Special rules
  149. 11Subordinated assets
  150. 12Syndicated loans
  151. 13Sale and repurchase transactions
  152. 14Sale and option to resell transactions
  153. 15Managed funds
  154. Format 1
  155. Vertical layout
  156. Format 2
  157. Horizontal layout Repealed
  158. A. Charges
  159. B. Income
  160. Notes on the profit and loss account formats
  161. Part 2: ACCOUNTING PRINCIPLES AND RULES
  162. ACCOUNTING PRINCIPLES
  163. 16Preliminary
  164. 17Accounting principles
  165. 18Accounting principles
  166. 19Accounting principles
  167. 20Accounting principles
  168. 21Accounting principles
  169. 21AAccounting principles
  170. HISTORICAL COST ACCOUNTING RULES
  171. 22Preliminary
  172. Fixed assets
  173. 23General rules
  174. 24Rules for depreciation and diminution in value
  175. 25Paragraph 25
  176. 26Paragraph 26
  177. 27Intangible assets
  178. 28Intangible assets
  179. 29Treatment of fixed assets
  180. 30Financial fixed assets
  181. 31Current assets
  182. 32Current assets
  183. 33Current assets
  184. Miscellaneous and supplementary provisions
  185. 34Excess of money owed over value received as an asset item
  186. 35Determination of cost
  187. 36Determination of cost
  188. 37Substitution of original stated amount where price or cost unknown
  189. ALTERNATIVE ACCOUNTING RULES
  190. 38Preliminary
  191. 39Preliminary
  192. 40Alternative accounting rules
  193. 41Application of the depreciation rules
  194. 42Additional information to be provided in case of departure from historical cost accounting rules
  195. 43Revaluation reserve
  196. FAIR VALUE ACCOUNTING
  197. 44Inclusion of financial instruments at fair value
  198. 45Determination of fair value
  199. 46Hedged items
  200. 47Other assets that may be included at fair value
  201. 48Accounting for changes in value
  202. 49The fair value reserve
  203. 50Assets and liabilities denominated in foreign currencies
  204. 51Assets and liabilities denominated in foreign currencies
  205. Part 3: NOTES TO THE ACCOUNTS
  206. 52Preliminary
  207. General
  208. 53Disclosure of accounting policies
  209. 54Paragraph 54
  210. 55Sums denominated in foreign currencies
  211. 56Reserves and dividends
  212. Information supplementing the balance sheet
  213. 57Paragraph 57
  214. 58Share capital and debentures
  215. 59Paragraph 59
  216. 60Paragraph 60
  217. 61Paragraph 61
  218. 62Fixed assets
  219. 63Paragraph 63
  220. 64Paragraph 64
  221. 65Paragraph 65
  222. 66Information about fair value of assets and liabilities
  223. 67Paragraph 67
  224. 68Paragraph 68
  225. 69Information where investment property and living animals and plants included at fair value
  226. 70Reserves and provisions
  227. 71Provision for taxation
  228. 72Maturity analysis
  229. 73Debt and other fixed-income securities
  230. 74Subordinated liabilities
  231. 75Fixed cumulative dividends
  232. 76Details of assets charged
  233. 77Guarantees and other financial commitments
  234. 78Memorandum items: Group undertakings
  235. 79Transferable securities
  236. 80Leasing transactions
  237. 81Assets and liabilities denominated in a currency other than sterling (or the currency in which the accounts are drawn up)
  238. 82Sundry assets and liabilities
  239. 83Unmatured forward transactions
  240. 84Miscellaneous matters
  241. Information supplementing the profit and loss account
  242. 85Paragraph 85
  243. 86Particulars of tax
  244. 87Particulars of income
  245. 88Management and agency services
  246. 89Subordinated liabilities
  247. 90Sundry income and charges
  248. 91Miscellaneous matters
  249. 92Related party transactions
  250. 92APost balance sheet events
  251. 92BAppropriations
  252. Part 4: INTERPRETATION OF THIS SCHEDULE
  253. 93Definitions for this Schedule
  254. 94Financial fixed assets
  255. 95Financial instruments
  256. 96Paragraph 96
  257. 97Repayable on demand
  258. 98Sale and repurchase transaction
  259. 99Sale and option to resell transaction
  260. Schedule 3: INSURANCE COMPANIES: COMPANIES ACT INDIVIDUAL ACCOUNTS
  261. Part 1: GENERAL RULES AND FORMATS
  262. GENERAL RULES
  263. 1Paragraph 1
  264. 2Paragraph 2
  265. 3Paragraph 3
  266. 4Paragraph 4
  267. 5Paragraph 5
  268. 6Paragraph 6
  269. 7Paragraph 7
  270. 8Paragraph 8
  271. 8AParagraph 8A
  272. THE REQUIRED FORMATS
  273. Preliminary
  274. 9Paragraph 9
  275. 10Paragraph 10
  277. ASSETS
  278. LIABILITIES
  280. Paragraph
  282. 11Additional items
  283. 12Managed funds
  284. 13Deferred acquisition costs
  286. IParagraph I
  287. IIParagraph II
  288. IIIParagraph III
  289. Notes on the profit and loss account format
  290. Part 2: ACCOUNTING PRINCIPLES AND RULES
  291. ACCOUNTING PRINCIPLES
  292. 14Preliminary
  293. 15Preliminary
  294. 16Accounting principles
  295. 17Accounting principles
  296. 18Accounting principles
  297. 19Accounting principles
  298. 20Accounting principles
  299. 20AAccounting principles
  300. 21Valuation
  301. CURRENT VALUE ACCOUNTING RULES
  302. 22Valuation of assets: general
  303. 23Valuation of assets: general
  304. 24Alternative valuation of fixed-income securities
  305. 25Meaning of “current value”
  306. 26Paragraph 26
  307. 27Application of the depreciation rules
  308. 28Additional information to be provided
  309. 29Revaluation reserve
  310. VALUATION AT FAIR VALUE
  311. 30Inclusion of financial instruments at fair value
  312. 31Determination of fair value
  313. 32Hedged items
  314. 33Other assets that may be included at fair value
  315. 34Accounting for changes in value
  316. 35The fair value reserve
  317. HISTORICAL COST ACCOUNTING RULES
  318. Valuation of assets
  319. 36General rules
  320. 37General rules
  321. 38General rules
  322. 39General rules
  323. 40General rules
  324. 41Intangible assets
  325. 42Intangible assets
  326. Miscellaneous and supplementary provisions
  327. 43Excess of money owed over value received as an asset item
  328. 44Assets included at a fixed amount
  329. 45Determination of cost
  330. 46Paragraph 46
  331. 47Substitution of original amount where price or cost unknown
  332. RULES FOR DETERMINING PROVISIONS
  333. 48Preliminary
  334. 49Technical provisions
  335. 50Provision for unearned premiums
  336. 51Provision for unexpired risks
  337. 52Long-term business provision
  338. Provisions for claims outstanding
  339. 53General business
  340. 54General business
  341. 55Long-term business
  342. 56Equalisation reserves
  343. 57Accounting on a non-annual basis
  344. 58Accounting on a non-annual basis
  345. 59Accounting on a non-annual basis
  346. Part 3: NOTES TO THE ACCOUNTS
  347. 60Preliminary
  348. General
  349. 61Disclosure of accounting policies
  350. 62Paragraph 62
  351. 63Sums denominated in foreign currencies
  352. 64Reserves and dividends
  353. Information supplementing the balance sheet
  354. 65Share capital and debentures
  355. 66Paragraph 66
  356. 67Paragraph 67
  357. 68Paragraph 68
  358. 69Assets
  359. 70Paragraph 70
  360. 71Paragraph 71
  361. 72Investments
  362. 73Information about fair value of assets and liabilities
  363. 74Paragraph 74
  364. 75Paragraph 75
  365. 76Information where investment property and living animals and plants included at fair value
  366. 77Reserves and provisions
  367. 78Provision for taxation
  368. 79Details of indebtedness
  369. 80Paragraph 80
  370. 81Guarantees and other financial commitments
  371. 82Miscellaneous matters
  372. Information supplementing the profit and loss account
  373. 83Separate statement of certain items of income and expenditure
  374. 84Particulars of tax
  375. 85Particulars of business
  376. 86Paragraph 86
  377. 87Paragraph 87
  378. 88Commissions
  379. 89Miscellaneous matters
  380. 90Related party transactions
  381. 90APost balance sheet events
  382. 90BAppropriations
  383. Part 4: INTERPRETATION OF THIS SCHEDULE
  384. 91Definitions for this Schedule
  385. Schedule 4: INFORMATION ON RELATED UNDERTAKINGS REQUIRED WHETHER PREPARING COMPANIES ACT OR IAS ACCOUNTS
  386. Part 1: PROVISIONS APPLYING TO ALL COMPANIES
  387. 1Subsidiary undertakings
  388. 2Financial information about subsidiary undertakings
  389. 3Shares and debentures of company held by subsidiary undertakings
  390. 4Significant holdings in undertakings other than subsidiary undertakings
  391. 5Paragraph 5
  392. 6Paragraph 6
  393. 7Membership of certain undertakings
  394. 8Parent undertaking drawing up accounts for larger group
  395. 9Identification of ultimate parent company
  396. Part 2: COMPANIES NOT REQUIRED TO PREPARE GROUP ACCOUNTS
  397. 10Reason for not preparing group accounts
  398. 11Holdings in subsidiary undertakings
  399. 12Financial years of subsidiary undertakings
  400. 13Exemption from giving information about significant holdings in non-subsidiary undertakings
  401. 14Construction of references to shares held by company
  402. Part 3: COMPANIES REQUIRED TO PREPARE GROUP ACCOUNTS
  403. 15Introductory
  404. 16Subsidiary undertakings
  405. 17Holdings in subsidiary undertakings
  406. 18Joint ventures
  407. 19Associated undertakings
  408. 20Requirement to give information about other significant holdings of parent company or group
  409. 21Group's membership of certain undertakings
  410. 22Construction of references to shares held by parent company or group
  411. Part 4: ADDITIONAL DISCLOSURES FOR BANKING COMPANIES AND GROUPS
  412. 23Paragraph 23
  413. Part 5: INTERPRETATION OF REFERENCES TO “BENEFICIAL INTEREST”
  414. 24Residual interests under pension and employees' share schemes
  415. 25Employer's charges and other rights of recovery
  416. 26Trustee's right to expenses, remuneration, indemnity etc.
  417. 27Supplementary
  418. Schedule 5: INFORMATION ABOUT BENEFITS OF DIRECTORS
  419. Part 1: PROVISIONS APPLYING TO QUOTED AND UNQUOTED COMPANIES
  420. 1Total amount of directors' remuneration etc.
  421. Part 2: PROVISIONS APPLYING ONLY TO UNQUOTED COMPANIES
  422. 2Details of highest paid director's emoluments etc.
  423. 3Excess retirement benefits of directors and past directors
  424. 4Compensation to directors for loss of office
  425. 5Sums paid to third parties in respect of directors' services
  426. Part 3: SUPPLEMENTARY PROVISIONS
  427. 6General nature of obligations
  428. 7Provisions as to amounts to be shown
  429. 8Exclusion of sums liable to be accounted for to company etc.
  430. 9Meaning of “remuneration”
  431. 10Meaning of “highest paid director”
  432. 11Meaning of “long term incentive scheme”
  433. 12Meaning of “shares” and “share option” and related expressions
  434. 13Meaning of “pension scheme” and related expressions
  435. 14References to subsidiary undertakings
  436. 15Other minor definitions
  437. Schedule 6: COMPANIES ACT GROUP ACCOUNTS
  438. Part 1: GENERAL RULES
  439. 1General rules
  440. 2Paragraph 2
  441. 3Paragraph 3
  442. 4Paragraph 4
  443. 5Paragraph 5
  444. 6Elimination of group transactions
  445. 7Acquisition and merger accounting
  446. 8Paragraph 8
  447. 9Paragraph 9
  448. 10Paragraph 10
  449. 11Paragraph 11
  450. 12Paragraph 12
  451. 13Paragraph 13
  452. 14Paragraph 14
  453. 15Paragraph 15
  454. 16Paragraph 16
  455. 16AParagraph 16A
  456. 17Non-controlling interests
  457. 18Joint ventures
  458. 19Associated undertakings
  459. 20Associated undertakings
  460. 21Associated undertakings
  461. 22Related party transactions
  462. 22ATotal amount of directors' remuneration etc
  463. 22BDeferred tax balances
  464. Part 2: MODIFICATIONS FOR BANKING GROUPS
  465. 23General application of provisions applicable to individual accounts
  466. 24General application of provisions applicable to individual accounts
  467. 24AGeneral application of provisions applicable to individual accounts
  468. 25Non-controlling interests and associated undertakings
  469. 26Non-controlling interests and associated undertakings
  470. 27Related party transactions
  471. 28Foreign currency translation
  472. 29Foreign currency translation
  473. 30Information as to undertaking in which shares held as a result of financial assistance operation
  474. Part 3: MODIFICATIONS FOR INSURANCE GROUPS
  475. 31General application of provisions applicable to individual accounts
  476. 32General application of provisions applicable to individual accounts
  477. 33Financial years of subsidiary undertakings
  478. 34Assets and liabilities to be included in group accounts
  479. 35Elimination of group transactions
  480. 35AElimination of group transactions
  481. 36Non-controlling interests
  482. 37Associated undertakings
  483. 38Associated undertakings
  484. 39Related party transactions
  485. 40Modifications of Schedule 3 to these Regulations for purposes of paragraph 31
  486. Schedule 7: MATTERS TO BE DEALT WITH IN DIRECTORS' REPORT
  487. Part 1: MATTERS OF A GENERAL NATURE
  488. 1Introduction
  489. 1AIntroduction
  490. 2Asset values Repealed
  491. 3Political donations and expenditure
  492. 4Paragraph 4
  493. 5Charitable donations Repealed
  494. 6Financial instruments Repealed
  495. 7Miscellaneous Repealed
  496. Part 2: DISCLOSURE REQUIRED BY COMPANY ACQUIRING ITS OWN SHARES ETC.
  497. 8Paragraph 8
  498. 9Paragraph 9
  499. Part 3: DISCLOSURE CONCERNING EMPLOYMENT ETC. OF DISABLED PERSONS Repealed
  500. 10Paragraph 10 Repealed
  501. Part 4: ENGAGEMENT WITH EMPLOYEES, SUPPLIERS, CUSTOMERS AND OTHERS Repealed
  502. 11Engagement with employees Repealed
  503. 11AEngagement with employees Repealed
  504. 11BEngagement with suppliers, customers and others in a business relationship with the company Repealed
  505. 11CEngagement with suppliers, customers and others in a business relationship with the company Repealed
  506. Part 5: POLICY AND PRACTICE ON PAYMENT OF CREDITORS
  507. 12Paragraph 12 Repealed
  508. Part 6: DISCLOSURE REQUIRED BY CERTAIN PUBLICLY-TRADED COMPANIES
  509. 13Paragraph 13
  510. 14Paragraph 14
  511. Part 7: DISCLOSURES CONCERNING GREENHOUSE GAS EMISSIONS , ENERGY CONSUMPTION AND ENERGY EFFICIENCY ACTION BY QUOTED COMPANIES
  512. 15Paragraph 15
  513. 15AParagraph 15A
  514. 16Paragraph 16
  515. 17Paragraph 17
  516. 18Paragraph 18
  517. 18AParagraph 18A
  518. 19Paragraph 19
  519. 19AParagraph 19A
  520. 20Paragraph 20
  521. Part 7A: DISCLOSURES CONCERNING GREENHOUSE GAS EMISSIONS, ENERGY CONSUMPTION AND ENERGY EFFICIENCY ACTION BY UNQUOTED COMPANIES
  522. 20AParagraph 20A
  523. 20BParagraph 20B
  524. 20CParagraph 20C
  525. 20DParagraph 20D
  526. 20EParagraph 20E
  527. 20FParagraph 20F
  528. 20GParagraph 20G
  529. 20HParagraph 20H
  530. 20IParagraph 20I
  531. 20JParagraph 20J
  532. 20KParagraph 20K
  533. Part 8: STATEMENT OF CORPORATE GOVERNANCE ARRANGEMENTS
  534. 21Paragraph 21
  535. 22Paragraph 22
  536. 23Paragraph 23
  537. 24Paragraph 24
  538. 25Paragraph 25
  539. 26Paragraph 26
  540. 27Paragraph 27
  541. Part 9: DISCLOSURES CONCERNING PAYMENT PRACTICES AND PERFORMANCE IN RESPECT TO SUPPLIERS
  542. 28Paragraph 28
  543. 29Paragraph 29
  544. 30Paragraph 30
  545. 31Paragraph 31
  546. 32Paragraph 32
  547. 33Paragraph 33
  548. Schedule 8: QUOTED COMPANIES ...: DIRECTORS’ REMUNERATION REPORT
  549. Part 1: INTRODUCTORY
  550. 1Paragraph 1
  551. 2Paragraph 2
  552. Part 2: ANNUAL STATEMENT
  553. 3Paragraph 3
  554. Part 3: ANNUAL REPORT ON REMUNERATION
  555. 4Single total figure of remuneration for each director
  556. 5Single total figure of remuneration for each director
  557. 6Single total figure of remuneration for each director
  558. 7Single total figure of remuneration for each director
  559. 8Single total figure of remuneration for each director
  560. 9Single total figure of remuneration for each director
  561. 10Single total figure of remuneration for each director
  562. 11Definitions applicable to the single total figure table
  563. 12Additional requirements in respect of the single total figure table
  564. 13Total pension entitlements
  565. 14Scheme interests awarded during the financial year
  566. 15Payments to past directors
  567. 16Payments for loss of office
  568. 17Statement of directors’ shareholding and share interests
  569. 18Performance graph and table
  570. 19Annual percentage change in remuneration of directors and employees Repealed
  571. 19APay ratio information in relation to the total remuneration of the director undertaking the role of chief executive officer
  572. 19BRequirement to provide pay ratio information
  573. 19CPay ratios table
  574. 19DPay ratios methods
  575. 19EAdditional requirements in respect of the pay ratios table
  576. 19FAdditional requirements in respect of the pay ratios table
  577. 19GAdditional requirements in respect of the pay ratios table
  578. 20Relative importance of spend on pay
  579. 21Statement of implementation of remuneration policy in the following financial year
  580. 22Consideration by the directors of matters relating to directors’ remuneration
  581. 23Statement of voting at general meeting
  582. Part 4: DIRECTORS’ REMUNERATION POLICY
  583. 24Introductory
  584. 25Future policy table
  585. 26Future policy table
  586. 27Future policy table
  587. 28Future policy table
  588. 29Approach to recruitment remuneration
  589. 30Service contracts
  590. 30AService contracts Repealed
  591. 31Service contracts
  592. 32Service contracts
  593. 33Illustrations of application of remuneration policy
  594. 34Illustrations of application of remuneration policy
  595. 35Illustrations of application of remuneration policy
  596. 35AIllustrations of application of remuneration policy
  597. 36Policy on payment for loss of office
  598. 37Policy on payment for loss of office
  599. 38Statement of consideration of employment conditions elsewhere in company
  600. 39Statement of consideration of employment conditions elsewhere in company
  601. 40Statement of consideration of shareholder views
  602. Part 5: PROVISIONS OF THE DIRECTORS’ REMUNERATION REPORT WHICH ARE SUBJECT TO AUDIT
  603. 41Paragraph 41
  604. Part 6: REVISED DIRECTORS’ REMUNERATION POLICY
  605. 42Paragraph 42
  606. 43Paragraph 43
  607. Part 7: INTERPRETATION AND SUPPLEMENTARY
  608. 44Paragraph 44
  609. 45Paragraph 45
  610. 46Paragraph 46
  611. 47Paragraph 47
  612. 48Paragraph 48
  613. 49Paragraph 49
  614. Schedule 9: INTERPRETATION OF TERM “PROVISIONS”
  615. Part 1: MEANING FOR PURPOSES OF THESE REGULATIONS
  616. 1Definition of “Provisions”
  617. 2Definition of “Provisions”
  618. 2ADefinition of “Provisions”
  619. 2BDefinition of “Provisions”
  620. Part 2: MEANING FOR PURPOSES OF PARTS 18 AND 23 OF THE 2006 ACT
  621. 3Financial assistance for purchase of own shares
  622. 4Redemption or purchase by private company out of capital
  623. 5Net asset restriction on public companies distributions
  624. 6Distributions by investment companies
  625. 7Justification of distribution by references to accounts
  626. 8Realised losses
  627. Schedule 10: GENERAL INTERPRETATION
  628. 1Capitalisation
  629. 2Financial instruments
  630. 3Paragraph 3
  631. 4Fixed and current assets
  632. 5Fungible assets
  633. 6Historical cost accounting rules
  634. 7Leases
  635. 8Listed investments
  636. 9Loans
  637. 10Materiality
  638. 11Participating interests
  639. 12Purchase price
  640. 13Realised profits and realised losses
  641. 14Staff costs
  642. 15Scots land tenure
  643. Explanatory note