995. Form of company records

(1) Company records–
(a) may be kept in hard copy or electronic form, and
(b) may be arranged in such manner as the directors of the company think fit,
provided the information in question is adequately recorded for future reference.
(2) Where the records are kept in electronic form, they must be capable of being reproduced in hard copy form.
(3) If a company fails to comply with this section, a contravention of these Regulations is committed by every officer of the company who is in default.
(4) A person who commits the contravention referred to in subsection (3) is liable to a level 2 fine.