A company must keep available for inspection—
All the copies and memoranda must be kept available for inspection at—
The copies and memoranda must be retained by the company for at least one year from the date of termination or expiry of the contract and must be kept available for inspection during that time.
The company must give notice to the registrar—
unless they have at all times been kept at the company's registered office.
If default is made in complying with subsection (1), (2) or (3), or default is made for 14 days in complying with subsection (4), an offence is committed by every officer of the company who is in default.
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.
The provisions of this section apply to a variation of a director's service contract as they apply to the original contract.