(1) The Corporation shall keep, to the satisfaction of the Secretary, records in respect of the following matters relating to the railway-
(a) the number and carrying capacity of trains in use or under maintenance;
(b) the number of journeys undertaken and the total distance travelled;
(c) the number of passengers carried;
(d) the receipts;
(e) details of any incident causing a service breakdown of 20 minutes or more;
(f) the maintenance of trains;
(g) the number and types of trains, and their carrying capacity, on order or under construction together with details of the likely availability of such trains for use in the operation of the railway.
(2) The Secretary may, by notice in writing to the Corporation, require the Corporation-
(a) to furnish to the Secretary, at the reasonable times and in the form specified in the notice, copies of the records kept by the Corporation in accordance with subsection (1);
(b) to permit the Secretary, or any other person authorized in writing by him, to inspect at any reasonable time all records kept by the Corporation in accordance with subsection (1),
and to do so within a period specified in the notice, being a period that is reasonable in the circumstances.
(3) The Secretary or other person authorized by the Secretary may make copies of records inspected under subsection (2)(b).
(4) If the Corporation, without reasonable excuse, fails to comply with subsection (1), or with a notice given under subsection (2), the Corporation commits an offence and is liable to a fine at level 4.