PART 3REGISTRATION OF CHARGES
Companies’ records and register
Company’s register of charges24
1
Every company to which this Part applies must keep available for inspection a register of charges and must enter in it—
a
all charges specifically affecting property of the company situated in the United Kingdom, and
b
all floating charges on the whole or part of the company’s property or undertaking situated in the United Kingdom.
2
The entry must in each case give a short description of the property charged, the amount of the charge and, except in the cases of securities to bearer, the names of the persons entitled to it.
3
An officer of the company who knowingly and wilfully authorises or permits the omission of an entry required to be made in pursuance of this regulation commits an offence.
4
A person guilty of an offence under this regulation is liable—
a
on conviction on indictment, to a fine;
b
on summary conviction, to a fine not exceeding the statutory maximum.