The Companies (Directors’ Remuneration Policy and Directors’ Remuneration Report) Regulations 2019

Amendments to section 226C

This section has no associated Explanatory Memorandum

8.  In section 226C (loss of office payments)—

(a)in subsection (1), after “quoted company” insert “or of an unquoted traded company”;

(b)for subsection (1)(b) substitute—

(b)an amendment to that policy authorising the company to make the payment has been approved by resolution of the members of the company..