(1) Where a company amends its articles it must send to the registrar a copy of the articles as amended not later than 15 days after the amendment takes effect.
(2) This section does not require a company to set out in its articles any provisions of model articles that -
(a) are applied by the articles, or
(b) apply by virtue of section 20 (default application of model articles).
(3) If a company fails to comply with this section an offence is committed by -
(b) every officer of the company who is in default.
(4) A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.