The
Enterprise and Regulatory Reform Act 2013 received
Royal Assent earlier this year: see
here. A copy of the Act is available
here or
here (
pdf). Yesterday the Government published a short guide to the Act: see
here (
pdf). The Act contains, amongst other things, some of the provisions necessary to introduce the new regime for shareholder approval of quoted company directors' remuneration. These are briefly explained in chapter 13 of the new guide. More detailed information is available in the explanatory memorandum accompanying the Act: see
here.
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