(1) Where a company fails to deliver a statement which it is required to deliver under section 882 -
(a) the company shall be liable to a penalty of €4,000 and, if the failure continues after judgement has been given by the court before which proceedings for the penalty have been commenced, to a further penalty of €60 for each day on which the failure so continues, and
(b) the secretary of the company shall be liable to a separate penalty of €3,000.
(a) Where at any time not earlier than 3 months after the time at which a statement is required to be delivered by a company in accordance with section 882, the company has failed to pay any penalty to which it is liable under subsection (1)(a) for failing to deliver the statement, the secretary of the company shall, in addition to any penalty to which the secretary is liable under subsection (1)(b), be liable to pay such amount of any penalty to which the company is so liable as is not paid by the company.
(b) Where in accordance
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