Register of members

(1) Every company shall keep a register of its members and any beneficial owners and enter therein the following beneficial owners. (a) the names and addresses of the members and any beneficial owners, and the occupations, if any, and in the case of a company having a share capital, a statement of the shares held by each or beneficial owner, distinguishing each share by its number, and of the amount paid or agreed to be considered as paid on the shares of each member or beneficial owner; (b) the date at which each person was entered in the register as a member or beneficial owner; and (c) the date at which any person ceased to be a member or beneficial owner. (2) If a company fails to comply with this section, it shall be liable to a fine not exceeding twenty-five dollars for every day during which the default continues, and every director and manager of the company who knowingly and wilfully authorises or permits the default shall be liable to the like penalty.