s 416 Contents of directors' report: general
(1) The directors' report for a financial year must state— (a) the names of the persons who, at any time during the financial year, were directors of the company, and (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) Except in the case of a company entitled to the small companies exemption , the report must state the amount (if any) that the directors recommend should be paid by way of dividend. (4) The Secretary of State may make provision by regulations as to other matters that must be disclosed in a directors' report. Without prejudice to the generality of this power, the regulations may make any such provision as was formerly made by Schedule 7 to the Companies Act 1985.