Register of Charges requirement: companies must record all charges and responsible officers face a penalty for omissions. Companies must keep at their registered office a register of charges recording all specific and floating charges on company property; entries must include a short description of the charged property, the amount of the charge, and, except for bearer securities, the names of persons entitled to the charge. An officer who knowingly omits or wilfully permits omission of any required entry is liable to a monetary penalty, establishing personal liability for failures to maintain the statutory register.