In accordance to the law Law 31 / 2.014 enacted on the 3rd of December, “the modification of the Corporations Act for the improvement of corporate governance” changes the compensation system administrators. This legislative amendment came into force in January 1 2015, and must be agreed upon at the first meeting following that date.
More Info: http://www.boe.es/diario_boe/txt.php?id=BOE-A-2014-12589