(1) Subject to section 264, a person who -

(a) is a director or secretary of a company, and

(b) becomes aware of -

(i) the person's having acquired or having ceased to have, or

(ii) the person's spouse or civil partner, or a child of the person's, having acquired or having ceased to have,

a disclosable interest in shares in, or debentures of, that company (the "relevant company") or any body corporate of the same group,

has the following duty.

(2) That duty is to notify the relevant company in writing of the particulars specified in section 265 of the disclosable interest and the fact of its being so acquired or, as the case may be, of its so ceasing to be held.

(3) Subject to section 264, a person who -

(a) becomes aware of -

(i) the person's having, or