SCHEDULES

C1SCHEDULE 10 Compensation: Exemptions

Annotations:
Modifications etc. (not altering text)
C1

Sch. 10 restricted (1.12.2001) by S.I. 2001/2957, arts. 1, 7(3); S.I. 2001/3538, art. 2(1)

False or misleading information known about

6

A person does not incur any liability under section 90(1) or (4) if he satisfies the court that the person suffering the loss acquired the securities in question with knowledge—

a

that the statement was false or misleading,

b

of the omitted matter, or

c

of the change or new matter,

as the case may be.