The Companies Act No. 17 of 2015Section 674 of The Companies Act No. 17 of 2015: Right of member or debenture holder of quoted company to copies of company's financial statement and reports
(1) A member of, or holder of debentures of, a quoted company is entitled to be provided, on demand and without charge, with a copy of— (a) the company's most recent annual financial statement;
(b) the most recent directors' remuneration report;
(c) the most recent directors' report; and
(d) the auditor's report on that financial statement (including the auditor's report on the directors' remuneration report and on the directors' report).
(2) The member or holder of debentures is entitled to a single copy of those documents, in addition to any copy to which a person may be entitled under section 662.
(3) If a company fails to comply with a demand made under subsection (1), the company, and each officer of the company who is in default, commit an offence and on conviction are each liable to a fine not exceeding five hundred thousand shillings.
(4) If, after a company or any of its officers is convicted of an offence under subsection (3), the company continues to fail to comply with such a demand, the company, and each officer of the company who is in default, commit a further offence on each day on which the failure continues and on conviction are each liable to a fine not exceeding fifty thousand shillings for each such offence.
Check the current authoritative text and amendment history before relying on this provision.
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