# Standard Life Assurance Company Act 1991, Paragraph 60: Remuneration of local directors


The directors may pay such local directors such remuneration as they may consider reasonable. The remuneration may consist in whole or in part of provision for benefits on final retirement or for life assurance or for any other form of benefits, or of commission or bonus in respect of the business arising in that territory.

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Source: https://www.legislation.gov.uk/ukla/1991/3/schedule/paragraph/60 (the official version)
Page: https://openlegislation.uk/standard-life-assurance-company-act-1991/schedule/paragraph-60
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.