PART 2Malicious publication
Actionable types of malicious publication
21Statements causing harm to business interests
(1)
A person (B) may bring proceedings under this section against another person (A) where—
(a)
A has—
(i)
made a false and malicious statement about B's business or business activities, and
(ii)
published the statement to a person other than B, and
(b)
the statement has caused (or is likely to cause) financial loss to B.
(2)
For the purposes of subsection (1) (a) (i), a statement is malicious only if B shows—
(a)
that the imputation conveyed by the statement complained of was presented as being a statement of fact (rather than a statement of opinion) and was sufficiently credible so as to mislead a reasonable person, and
(b)
both—
(i)
that A knew that the imputation was false or was recklessly indifferent as to the truth of the imputation, and
(ii)
that A's publication of the statement was motivated by a malicious intention to cause harm to B's business or business activities.