The directors' remuneration policy contained in a company's directors' remuneration report may be revised.
Any such revision must be approved by the board of directors.
The policy as so revised must be set out in a document signed on behalf of the board by a director or the secretary of the company.
Regulations under section 421(1) may make provision as to—
the information that must be contained in a document setting out a revised directors' remuneration policy, and
how information is to be set out in the document.
Sections 422(2) and (3), 454, 456 and 463 apply in relation to such a document as they apply in relation to a directors' remuneration report.
In this section, "directors' remuneration policy" means the policy of a company with respect to the matters mentioned in section 421(2A).