72
CurrentContravention leading to right to recover for loss or damage
72 Contravention leading to right to recover for loss or damage
A co-operative contravenes this section if a disclosure statement is given to a person under section 70 and—
(a)
there is—
(i)
a misleading or deceptive statement in the disclosure statement or in any application form or document that accompanies the disclosure statement; or
(ii)
an omission from the disclosure statement of material or information required to be contained in the statement by or under this Law;
and the misleading or deceptive statement or the omission is materially adverse from the point of view of the person to whom it is given; or
(b)
the disclosure statement is not current (as referred to in section 70 (1)).
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