HC-5.4.31

Past version: Effective from 01 Jan 2014 to 30 Jun 2014
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For purposes of Paragraph HC-5.4.30:

(a) At least 40% of the variable remuneration must be payable under deferral arrangements over a period of at least 3 years; and
(b) For the CEO, his deputies and the other 5 most highly paid business line employees, at least 60% of the variable remuneration must be deferred for at least 3 years.
Added: January 2014