S.307(5) Companies Act 2014 details the disclosure requirements for guarantees and security. The disclosures required are:
(a) the name of the person for whom the arrangements were made and where that person is or was connected with a director of the company or undertaking, the name of the director,
(b) the amount of the maximum liability that may be incurred by the company
(c) the amount paid and any liability incurred by the company for purpose of fulfilling the guarantee or on foot of the provision of security
(d) the arrangement’s terms