Companies Act (Cap. 386), article 364

364. (1) One or more experts acting on behalf of each of the companies involved in a division but independent of them and approved by the Registrar, shall examine the draft terms of div ision and draw up a written repo rt to the shareholders. (2) The provisions of article 348(2) to (5) shall apply to the 230 CAP. 386.] COMP ANIES report. (3) The report on considerations other than in cash referred to in article 73(4) and the report on the draft terms of division drawn up in accordance with sub-article (1) shall be drawn up by the expert or experts approved under sub-article (1): Provided that the report on considerations other than in cash shall not be required if a written report in accordance wi th sub-article (1) has been drawn up. Documents which shareholders of companies involved in a division are entitled to inspect. Amended by: XIX. 2010.47.