REMUNERATION AND EXPENSES. 8.1 The Board should be mindful that as a controlled company for the purposes of Part V of the Local Government and Housing Xxx 0000 and the Local Authorities (Companies) Order 1995 (the “Order”) the Company must not pay any of its ‘regulated directors’ (i.e. Directors who are Council Members) remuneration in excess of the maximum amount set out in the Order from time to time.
Appears in 5 contracts
Samples: Governance Agreement, Governance Agreement, Governance Agreement