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CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.1 - PRELIMINARY    View history reference

Division 7 - General provisions relating to civil and criminal liability    View history reference

SECTION 769C  REPRESENTATIONS ABOUT FUTURE MATTERS TAKEN TO BE MISLEADING IF MADE WITHOUT REASONABLE GROUNDS  

 View history reference

769C(1)  [Representation with respect to future matter]  


For the purposes of this Chapter, or of a proceeding under this Chapter, if:


(a) a person makes a representation with respect to any future matter (including the doing of, or refusing to do, any act); and


(b) the person does not have reasonable grounds for making the representation;

the representation is taken to be misleading.

769C(2)  [Limitation]  


Subsection (1) does not limit the circumstances in which a representation may be misleading.

769C(3)  [``proceeding under this Chapter'']  


In this section:

proceeding under this Chapter has the same meaning as it has in section 769B.

[CCH Note: The next section is s 790A.]


 



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