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Commentary

38.2 Misleading statements

COMPANIES vol 11 acquisitions, mergers, demergers
| Commentary

38.2 Misleading statements

| Commentary

38.2 Misleading statements

A person is guilty of the offence of making misleading statements if he1:

  1. 38.2.1

        makes a statement which he knows to be false or misleading2 in a material respect;

  2. 38.2.2

        makes a statement which is false or misleading in a material respect, being reckless as to whether it is, or

  3. 38.2.3

        dishonestly conceals any material facts whether in connection with a statement made by him or otherwise, and

he makes the statement or conceals the facts with the intention of inducing, or is reckless as to whether making it or concealing them may induce, another person (whether or

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