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Paragraph 7 Directors' remuneration, etc.

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Where the registered housing association is a member of a group or where the aggregate amount of directors' emoluments exceeds £40,000, then the number of directors to whom emoluments (excluding pension contributions) were payable or receivable during the period of account and whose emoluments fall within each of the following bands:–

  • more than £40,000 but not more than £45,000

  • more than £45,000 but not more than £50,000

  • more than £50,000 but not more than £55,000

  • more than £55,000 but not more than £60,000

  • and so on.