(1) A person carrying out a valuation or making a report with respect to any consideration proposed to be accepted or given by a company, is entitled to require from the officers of the company such information and explanation as he thinks necessary to enable him to -
(a) carry out the valuation or make the report, and
(b) provide any note required by section 596(3) or 600(3) (note required where valuation carried out by another person).
(2) A person who knowingly or recklessly makes a statement to which this subsection applies that is misleading, false or deceptive in a material particular commits an offence.
(3) Subsection (2) applies to a statement -
(a) made (whether orally or in writing) to a person carrying out a valuation or making a report, and
(b) conveying or purporting to convey any information or explanation which that person requires, or is entitled to require, under subsection (1).
(4) A person guilty of an offence under subsection (2) is liable -
(a) on conviction on ind
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