C2Part 19Debentures

Annotations:
Modifications etc. (not altering text)

Supplementary provisions

I1C1749Right of debenture holder to copy of deed

1

Any holder of debentures of a company is entitled, on request and on payment of such fee as may be prescribed, to be provided with a copy of any trust deed for securing the debentures.

2

If default is made in complying with this section, an offence is committed by every officer of the company who is in default.

3

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.

4

In the case of any such default the court may direct that the copy required be sent to the person requiring it.