Banking and Financial Institutions Act 1989 · s 28

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s 28

No person shall—

(a)

make, publish, or facilitate the making or publication of, a statement, promise or forecast which he knows to be misleading, false or deceptive;

(b)

dishonestly conceal any material fact; or

(c)

recklessly make or publish (dishonestly or otherwise), or recklessly facilitate the making or publication (dishonestly or otherwise) of a statement, promise or forecast which is misleading, false or deceptive, if he makes, publishes, or facilitates the making or publication of, such statement, promise or forecast, or conceals such material fact, for the purpose of inducing, or is reckless as to whether the same may induce, another person (whether or not it is the person to whom the statement, promise or forecast is made or from whom such material fact is concealed) to—

(A)

make, or refrain from making, a deposit; or

(B)

enter, or refrain from entering, into an agreement for the purpose of making a deposit, with him or any other person.