Directors' Responsibility Statement
TMA-2.7.10
All documents must state on the inside cover page that: All directors of the company issuing the document, whose names appear therein, jointly and severally accept full responsibility for the accuracy of information contained in the document. To the best of the knowledge and belief of the directors, who have taken all reasonable care to ensure that such is the case, the information contained in the document is in accordance with the facts and contains no omissions likely to affect the importance and completeness of the document.
Amended: October 2019TMA-2.7.11
If it is proposed that any director be excluded from the Director's Responsibility Statement, the CBB's consent is required. Such consent is given only in exceptional circumstances and in such cases the omission and the reasons for it must be stated in the document to which the Director's Responsibility Statement applies.
Amended: October 2019TMA-2.7.12
The directors of the
offeree company should comment on the statement in theoffer document regarding theofferor's intentions in respect of theofferee company and its employees.
