Companies Act 2014

1197.

Remuneration of directors

1197. (1) Each provision of this section applies save to the extent that the CLG’s constitution provides otherwise.

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

(3) The directors of a CLG 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 CLG,

or

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