Part 2Directors’ remuneration report and directors’ remuneration policy

Chapter 1Amendments to the Companies Act 2006

Chapter 6 of Part 15

5.—(1) In the heading to Chapter 6 of Part 15 (quoted companies and traded companies: directors’ remuneration report)(1), omit “and traded companies”.

(2) In section 420 (duty to prepare directors’ remuneration report), in subsection (1)(2) omit “, or of a traded company (as defined by section 360C) that is not a quoted company,”.