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Select the alternative which best completes the following sentence: Fees for non-executive directors...

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Accounting

Select the alternative which best completes the following sentence:
Fees for non-executive directors for their services as directors must be submitted for approval by ...
Select one:
a.
special resolution by the shareholders within three years preceding the payment.
b.
special resolution by the board members within three years preceding the payment.
c.
special resolution by the board members within two years preceding the payment.
d.
special resolution by the shareholders within two years preceding the payment.

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