§ Mr. William Hamiltonasked the Chancellor of the Exchequer if he will now take steps to ensure that all companies, public and private, publish details of directors' emoluments, including all fringe 66W benefits, at regular intervals, as a contribution towards the implementation of the prices and incomes policy.
§ Mr. DiamondSection 196 of the Companies Act, 1948, requires companies to disclose in their accounts the aggregate amount of the directors' emoluments, distinguishing between emoluments in respect of services as director and other emoluments, and defines "emoluments" widely for this purpose. My right hon. Friend the President of the Board of Trade proposes to add to these provisions in the Companies Bill which he hopes to introduce in the present Session.