BOARDROOM PAY

Early day motion 1600A1, tabled 28 July 1998 by Michael Clapham (Labour). Signed by 7 members.

leave out from 'restraint' to end and add 'and consequently calls on the Government to consider legislating to give effect to a formula whereby company directors awarded salary increases in excess of the average annual pay rise for the company's employees should require that their proposed salary increase is endorsed at a shareholder meeting before it can be paid.'.

Signatures by party: Labour 7.