5 Qualifying misrepresentations: classification and presumptions

5  Qualifying misrepresentations: classification and presumptions

(1)     For the purposes of this Act, a qualifying misrepresentation (see section 4(2)) is either—

(a)     deliberate or reckless, or

(b)     careless.

(2)     A qualifying misrepresentation is deliberate or reckless if the

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