In relation to Companies Act 2016 section 219(1)&(2)&(3), discuss the general duty of directors to make disclosure.

(Could you please guide me how to do explanation and example for Companies Act 2016 section 219(1)&(2)&(3)?)

219. (1) A director of a company shall give notice in writing

to the company

(a) of the particulars relating to the shares, debentures,

participatory interests, rights, options and contracts as are

necessary for the purposes of compliance with section

59 by the company;

(b) of particulars of any change in respect of the particulars

referred to in paragraph (a) of which notice has been

given to the company including the consideration, if

any, received as a result of the event giving rise to the

change; and

(c) of such events and matters affecting or relating to himself

as are necessary for the purposes of compliance with

the requirements of this Act by the company.

(2) A person required to give notice under subsection (1) shall

give the notice, within fourteen days

(a) in the case of a notice under paragraph (1)(a)

(i) from the date on which the director became a

director; or

(ii) from the date on which the director acquired an

interest in the shares, debentures, participatory

interests, rights, options or contracts;

(b) in the case of a notice under paragraph (1)(b), from the

occurrence of the event giving rise to the change; and

(c) in the case of a notice under paragraph (1)(c), from

the date of such events and matters referred to in that

paragraph.

(3) For the purposes of paragraphs (2)(a) and (b), in the case

of a company whose shares are quoted on a stock exchange, the

notice period shall be five days.