s 52
(1) Within the period of twenty-eight days beginning with the date on which any shares purchased by a company under section 46 of this Act are delivered to the company the company shall deliver to the registrar of companies for registration a return in the prescribed form stating with respect to shares of each class purchased the number and nominal value of those shares and the date on which they were delivered to the company. (2) In the case of a public company the return required by this section shall also state— (a) the aggregate amount paid by the company for the shares ; and (b) the maximum and minimum prices paid in respect of shares of each class purchased. (3) Particulars of shares delivered to the company on different dates and under different contracts may be included in a single return under this section; and in any such case the amount required to be stated by subsection (2)(a) above shall be the aggregate amount paid by the company for all the shares to which the return relates. (4) Where a company enters into any contract approved under section 47 or 48 of this Act or any contract for a purchase authorised under section 49 of this Act the company shall keep at its registered office— (a) if the contract is in writing, a copy of that contract ; or (b) if it is not in writing, a memorandum of its terms ; from the conclusion of the contract until the end of the period of ten years beginning with the date on which the purchase of all the shares in pursuance of the contract is completed or (as the case may be) the date on which the contract otherwise determines. (5) Every copy and memorandum required to be kept by subsection (4) above shall, during business hours (subject to such reasonable restrictions as the company may in general meeting impose, provided that not less than two hours in each day are allowed for inspection) be open to the inspection without charge— (a) of any member of the company ; and (b) if the company is a public company, of any other person. Companies Act 1981 c. 62 (6) If default is made in delivering to the registrar of companies any return required by this section, every officer of the company who is in default shall be liable— (a) on conviction on indictment to a fine; (b) on summary conviction to a fine not exceeding the statutory maximum or, on conviction after continued contravention, to a default fine not exceeding one-tenth of the statutory maximum. (7) If default is made in complying with subsection (4) above or if an inspection required under subsection (5) above is refused, the company and every officer of the company who is in default shall be liable on summary conviction to a fine not exceeding one-fifth of the statutory maximum or, on conviction after continued contravention, to a default fine not exceeding onefiftieth of the statutory maximum. (8) In the case of a refusal of an inspection required under subsection (5) above of a copy or memorandum, the court may by order compel an immediate inspection of the copy or memorandum. (9) The obligation of a company under subsection (4) above to keep a copy of any contract or (as the case may be) a memorandum of its terms shall apply to any variation of that contract so long as it applies to that contract. Maintenance of capital on redemption or purchase of own shares otherwise than out of capital