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The Companies (Directors' Remuneration and Audit) (Amendment) Regulations 2025

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Change 1

What to do with it
As published

7 Chapter 9 of Part 15

(1) In the heading to Chapter 9 of Part 15 (quoted companies and traded companies: members’ approval of directors’ remuneration report), omit “and traded companies”. (2) In section 439 (quoted companies and traded companies: members’ approval of directors’ remuneration report)— (a) in the heading, omit “and traded companies”; (b) in subsection (1), for “company to which this section applies” substitute “quoted company”; (c) omit subsection (1A). (3) In section 439A (quoted companies and traded companies: members’ approval of directors’ remuneration policy)— (a) in the heading, omit “and traded companies”; (b) in subsection (1)— (i) in the opening words, omit “or unquoted traded company”; (ii) in paragraph (a), omit “or (as the case may be) an unquoted traded company”; (c) in subsections (2), (2A) and (3), omit “or unquoted traded company”; (d) in subsection (8), omit paragraph (c). (4) In section 440 (quoted companies and traded companies: offences in connection with procedure for approval), in the heading omit “and traded companies”.

Your change, as a redline

7 Chapter 9 of Part 15

(1) In the heading to Chapter 9 of Part 15 (quoted companies and traded companies: members’ approval of directors’ remuneration report), omit “and traded companies”. (2) In section 439 (quoted companies and traded companies: members’ approval of directors’ remuneration report)— (a) in the heading, omit “and traded companies”; (b) in subsection (1), for “company to which this section applies” substitute “quoted company”; (c) omit subsection (1A). (3) In section 439A (quoted companies and traded companies: members’ approval of directors’ remuneration policy)— (a) in the heading, omit “and traded companies”; (b) in subsection (1)— (i) in the opening words, omit “or unquoted traded company”; (ii) in paragraph (a), omit “or (as the case may be) an unquoted traded company”; (c) in subsections (2), (2A) and (3), omit “or unquoted traded company”; (d) in subsection (8), omit paragraph (c). (4) In section 440 (quoted companies and traded companies: offences in connection with procedure for approval), in the heading omit “and traded companies”.

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