OpenLegislation

Section 892 Instruments creating charges and register of charges to be available for inspectionC1I1

United Kingdom

(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.

Annotations

Modifications

C1

Ss. 890-892 applied (with modifications) (1.10.2009) by The Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009 (S.I. 2009/1804), regs. 2, 44

Commencement

I1

S. 892 wholly in force at 1.10.2009; s. 892 not in force at Royal Assent, see s. 1300; s. 892 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 892 otherwise in force at 1.10.2009 by S.I. 2008/2860, art. 3(n) (with arts. 5, 7, 8, Sch. 2) (as amended by S.I. 2009/1802, art. 18)

Notes on Part 25

Modifications

C1

Pt. 25 modified (10.1.2015) by The Building Societies (Bail-in) Order 2014 (S.I. 2014/3344), arts. 1, 3(3)

C2

Pt. 25 modified (16.12.2016) by The Bank Recovery and Resolution Order 2016 (S.I. 2016/1239), arts. 1(2), 28(3)

C3

Pt. 25 applied (with modifications) (8.12.2017) by The Risk Transformation Regulations 2017 (S.I. 2017/1212), regs. 1(2), 155(1)(2) (with regs. 161, 189)

C4

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

C5

Pt. 25 excluded (17.2.2009 for certain purposes, otherwise 21.2.2009) by Banking Act 2001 (c. 1), s. 252(1) (with s. 247); S.I. 2009/296, arts. 2, 3, Sch.

C6

Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2

Notes on Chapter 2

Textual amendments

F1

Pt. 25 Chs. 1, 2 repealed (6.4.2013) by The Companies Act 2006 (Amendment of Part 25) Regulations 2013 (S.I. 2013/600), regs. 1, 3