(1)Every company shall cause a copy of every instrument creating a charge requiring registration under this Chapter to be kept available for inspection.
(2)In the case of a series of uniform debentures, a copy of one debenture of the series is sufficient.
(1)Every company shall keep available for inspection a register of charges and enter in it all charges specifically affecting property of the company, and all floating charges on any property of the company.
(2)There shall be given in each case a short description of the property charged, the amount of the charge and, except in the case of securities to bearer, the names of the persons entitled to it.
(3)If an officer of the company knowingly and wilfully authorises or permits the omission of an entry required to be made in pursuance of this section, he commits an offence.
(4)A person guilty of an offence under this section is liable—
(a)on conviction on indictment, to a fine;
(b)on summary conviction, to a fine not exceeding the statutory maximum.
(1)This section applies to—
(a)documents required to be kept available for inspection under section 890 (copies of instruments creating charges), and
(b)a company’s register of charges kept in pursuance of section 891.
(2)The documents and register must be kept available for inspection—
(a)at the company’s registered office, or
(b)at a place specified in regulations under section 1136.
(3)The company must give notice to the registrar—
(a)of the place at which the documents and register are kept available for inspection, and
(b)of any change in that place,
unless they have at all times been kept at the company’s registered office.
(4)The documents and register shall be open to the inspection—
(a)of any creditor or member of the company without charge, and
(b)of any other person on payment of such fee as may be prescribed.
(5)If default is made for 14 days in complying with subsection (3) or an inspection required under subsection (4) is refused, an offence is committed by—
(a)the company, and
(b)every officer of the company who is in default.
(6)A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.
(7)If an inspection required under subsection (4) is refused the court may by order compel an immediate inspection.