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Companies Act, 1973 (Act No. 61 of 1973)

Chapter VI: Offering of Shares and Prospectus

Prospectus

151. Consent by experts and others

 

 

1) No prospectus which includes any statement or reference to any statement purporting to be made by an expert, shall be registered by the Registrar unless-
a) the expert has given, and has not before the lodging of a copy of the prospectus for registration in the Companies Registration Office, withdrawn his written consent to the issue thereof with the statement or reference included in the form and context in which it is included;
b) a statement that the expert has given and has not so withdrawn his consent appears in the prospectus; and
c) such written consent is endorsed on or attached to the copy of the prospectus lodged for registration in the Companies Registration Office.

 

2) The Registrar shall not register any prospectus which names any person as the auditor, attorney, banker or broker of a company unless it is accompanied by the consent in writing of the person so named to act in the capacity stated and to his name being stated in the prospectus.