182 Directors Remuneration of 3 Rivers Development Limited (1-49-18) PDF 105 KB
To consider a report of the Deputy Chief Executive in order to comply with the current governance arrangements under schedule 2 of the Shareholder Reserved Matters, the level of remuneration of a company Director is a reserved matter for the Shareholder, this is currently a Cabinet decision.
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Minutes:
The Cabinet had before it a *report of the Deputy Chief Executive in order to comply with the current governance arrangements under schedule 2 of the Shareholder Reserved Matters, the level of remuneration of a company Director was a reserved matter for the Shareholder, and that this was currently a Cabinet decision.
The Cabinet Member for Housing and Property Services outlined the contents of the report.
RESOLVED that in view of all the current terms and conditions of employment, the Council does not approve the proposed remuneration level.
(Proposed by Cllr R B Evans and seconded by Cllr B A Moore)
Reason for the decision - the level of remuneration of a company Director is a reserved matter for the Shareholder.
Note: *Report previously circulated, copy attached to minutes.