40Expert's consent to issue of prospectus containing statement by him
(1)A prospectus inviting persons to subscribe for shares in or debentures of a company and including a statement purporting to be made by an expert shall not be issued unless—
(a)he has given and has not, before delivery of a copy of the prospectus for registration, withdrawn his written consent to the issue thereof with the statement included in the form and context in which it is included; and
(b)a statement that he has given and has not withdrawn his consent as aforesaid appears in the prospectus.
(2)If any prospectus is issued in contravention of this section the company and every person who is knowingly a party to the issue thereof shall be liable to a fine not exceeding five hundred pounds.
(3)In this section the expression " expert " includes engineer, valuer, accountant and any other person whose profession gives authority to a statement made by him.