Paragraph 4 Directors' emoluments

(1)

The aggregate amount of emoluments paid to or receivable by the directors of the association during the period of account or, where no such emoluments are so paid or receivable, a statement to that effect.

(2)

The emoluments paid to or receivable by the highest paid director during the period of account, excluding pension contributions.

(3)

The number of directors to whom emoluments (excluding pension contributions) were paid or receivable during the period of account and whose emoluments fall within each of the following bands—

not more than £5,000,
more than £5,000 but not more than £10,000,
more than £10,000 but not more than £15,000,
more than £15,000,
and so on.

(4)

In this paragraph “emoluments” means emoluments in respect of a director’s services as a director of the association or his services (while a director of the association) in connection with the management of its affairs or the affairs of any subsidiary undertaking of the association; and includes—

(a)

fees and percentages;

(b)

sums paid by way of expenses allowance (so far as chargeable to United Kingdom tax);

(c)

contributions paid in respect of pensions except where otherwise stated; and

(d)

the estimated money value of any other benefits otherwise than in cash.

(5)

The total expenses reimbursed in so far as not chargeable to United Kingdom income tax.