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Matters to be stated and reports to be set out in prospectus

(1) Every prospectus issued (a) by or on behalf of a company, or (b) by or on behalf of any person who has been engaged or interested in the formation of a company, shall state the matters specified in section 1 of Part I of the Second Schedule and set out the reports specified in section 2 of that Part and the said sections l and 2 shall ...

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