Companies Act 2014

Remuneration of directors

1092. (1) Each provision of this section applies save to the extent that the PLC's constitution provides otherwise.

(2) The remuneration of the directors of a PLC shall be such as is determined, from time to time, by the PLC in general meeting and such remuneration shall be deemed to accrue from day to day.

(3) The directors of a PLC may also be paid all travelling, hotel and other expenses properly incurred by them—

(a) in attending and returning from—

(i) meetings of the directors or any committee referred to in section 160 (9), or

(ii) general meetings of the PLC,

or

(b) otherwise in connection with the business of the PLC.