(1) Where a meeting is summoned under section 896—
(a) every notice summoning the meeting that is sent to a creditor or member must be accompanied by a statement complying with this section, and
(b) every notice summoning the meeting that is given by advertisement must either—
(i) include such a statement, or
(ii) state where and how creditors or members entitled to attend the meeting may obtain copies of such a statement.
(2) The statement must—
(a) explain the effect of the compromise or arrangement, and
(b) in particular, state—
(i) any material interests
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