924 Expert's report (division)
924 Expert's report (division)
Companies Act 2006 | Legislation

(1)     An expert's report must be drawn up on behalf of each company involved in the division.

(2)     The report required is a written report on the draft terms to the members of the company.

(3)     The court may on the joint application of the companies involved in the division approve the appointment of a joint expert to draw up a single report on behalf of all those companies.

If no such appointment is made, there must be a separate expert's report to the members of each company involved in the division drawn up by a separate expert appointed on behalf of that company.