s 81 Obligations of directors of guarantor to deliver financial statements
(1) The directors of every guarantor shall deliver to the trustee and the Commission and lodge with the Registrar such financial statements of the guarantor as may be specified by the Commission. (2) Subject to subsection (3), the directors of the guarantor shall deliver to the trustee and the Commission a copy of the guarantor’s annual audited accounts within two weeks from the date of the guarantor’s annual general meeting. (3) Where the guarantor is a listed corporation that is required to submit information to the Commission under section 99D of the Securities Industry Act 1983, the guarantor shall not be required to deliver its annual audited accounts to the Commission under this section. (4) Where the directors of a guarantor do not deliver to the trustee a copy of such financial statements of the guarantor as may be specified by the Commission under subsection (1) or a copy of the guarantor’s annual audited accounts under subsection (2), the trustee shall inform the Commission of that fact. (5) Where the directors of a guarantor contravene or fail to take all reasonable steps to secure compliance with subsection (1) or (2), each director shall be guilty of an offence.