Regulation

Enterprise and Regulatory Reform Bill: notes on directors' remuneration amendments

Explanatory notes for proposed amendments to the Enterprise and Regulatory Reform Bill on directors’ remuneration.

From:
Department for Business, Energy & Industrial Strategy
Published
3 July 2012

This publication was withdrawn on

This bill became law on 25 April 2013. See the Enterprise and Regulatory Reform Act 2013.

Documents

Enterprise and Regulatory Reform Bill: amendments on directors' remuneration. Explanatory notes

Ref: BIS/12/940

PDF, 156 KB, 5 pages

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Details

The new clauses aim to require a shareholder resolution on a company’s directors’ remuneration policy and to require that any remuneration payments and payments for loss of office are consistent with this policy, or else separately approved by shareholders.

Published 3 July 2012

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