Regulation 10

11.

Engagement with employees

(1) Unless the company is exempted under paragraph 11A, the directors’ report for a financial year must contain a statement -

(a) describing the action that has been taken during the financial year to introduce, maintain or develop arrangements aimed at -

(i) providing employees systematically with information on matters of concern to them as employees,

(ii) consulting employees or their representatives on a regular basis so that the views of employees can be taken into account in making decisions which are likely to affect their interests,