With this it will be convenient to discuss the following:
Amendment 95, page 52, line 5, leave out ‘ordinary’ and insert ‘special’.
Government amendment 25.
Amendment 86, page 52, line 11, leave out subsection (b) and insert ‘(b) and annually thereafter.’.
Amendment 96, page 52, line 17, leave out ‘ordinary’ and insert ‘special’.
Government amendments 26 to 30.
New clause 27—Information about payments to recruitment and remuneration consultants in respect of directors’ remuneration—
‘After section 413 of the Companies Act 2006 (Information about directors’ benefits: advances, credit and guarantees) insert—
“413A Information about payments to recruitment and remuneration consultants
The Secretary of State may make provision by regulations requiring information to be given in notes to a company’s annual accounts about payments made in the relevant accounting period in respect of recruitment and remuneration advice relating to directors, including information specifying any fees that have been paid in proportion to the remuneration agreed for a director.”.’.