Amendment of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 20082.

(1)

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 20082 (“the 2008 Regulations”) are amended as follows.

(2)

Regulation 11 (directors’ remuneration report (quoted companies)) is amended as follows—

(a)

after paragraph (1) insert—

“(1A)

The document setting out a revised directors’ remuneration policy in accordance with section 422A of the 2006 Act must contain the information specified in Schedule 8 to these Regulations, and must comply with any requirements in that Schedule as to how that information is to be set out.”;

(b)

omit paragraph (2); and

(c)

in regulation 11(3) for the words from “the part” to “Part 3” substitute “the information set out in the report as identified in Part 5”.