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1Removal of certain bars to rescission for innocent misrepresentation.N.I.

Where a person has entered into a contract after a misrepresentation has been made to him, and—

(a)the misrepresentation has become a term of the contract; or

(b)the contract has been performed;

or both, then, if otherwise he would be entitled to rescind the contract without alleging fraud, he shall be so entitled, subject to the provisions of this Act, notwithstanding the matters mentioned in paragraphs ( a) and ( b).