736. Duty Of Company To Comply With Requirement

(1) A company that is required under section 735 to exercise its powers under section 725 (notice requiring information about interests in company’s shares) must exercise those powers in the manner specified in the requests.
(2) If default is made in complying with subsection (1) a contravention of these Regulations is committed by every officer of the company who is in default.
(3) A person who contravenes these Regulations under this section is liable to a fine of up to level 7.