Paragraph 6 Directors' emoluments

The aggregate amount of directors' or past directors' pensions.

This amount does not include any pension paid or receivable under a pension scheme if the scheme is such that the contributions under it are substantially adequate for maintenance of the scheme; but, subject to this, it includes any pension paid or receivable in respect of any such services of a director or past director as are mentioned in paragraph 4(4) of this Part whether to him or by him or, on his nomination or by virtue of dependence on or other connection with him, to or by any other person.

The amount shown shall distinguish between pensions in respect of services as director, whether of the association or any of its subsidiary undertakings, and other pension.

In this paragraph, references to pensions include benefits otherwise than in cash, and in relation to so much of a pension as consists of such a benefit references to its amount are to the estimated money value of the benefit; and the nature of any such benefit shall also be disclosed.