If a company decides to furlough some or all its directors under the
extended Coronavirus Job Retention Scheme, this should be formally adopted
as a decision of the company. These template board minutes formally record
such a decision of the company. The Coronavirus Job Retention Scheme was
due to end on 30th April 2021 but has now been extended to 30 th September 2021.
These board minutes refer to the COVID 19 pandemic and the company’s desire
to make use of the Coronavirus Job Retention Scheme as from 1 May 2021
(i.e. the date when the latest extension period begins). The board then
considers the directors that it wishes to furlough and the draft form of
letter that must be sent to each relevant director. Note that as directors
have Companies Act 2006 duties that they must still fulfil, this template
therefore makes reference to the “part” furlough that directors, unlike
other types of employees, must continue to reasonably carry out whilst
ceasing all other forms of commercial activities for the company. This will
be particularly relevant for sole directors.
This template has been updated to reflect the latest extension of the
This document is duplicated in
Directors’ Service Contracts
, which is in the Corporate Folder. There are also information pages
coronavirus and private limited companies.
Once you have subscribed to the appropriate document folder click on the
“Download Document” button below. You will be asked what you want to do
with the file. It is recommended that you save the document to a location
of your choice prior to viewing.