(1) A company must keep available for inspection—
(a) a copy of every director's service contract with the company or with a subsidiary of the company, or
(b) if the contract is not in writing, a written memorandum setting out the terms of the contract.
(2) All the copies and memoranda must be kept available for inspection at—
(a) the company's registered office, or
(b) a place specified in regulations under section 1136.
(3) The copies and memoranda must be retained by the company for at least one year from
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