Fraud

3Fraud by failing to disclose information

A person is in breach of this section if he—

(a)

dishonestly fails to disclose to another person information which he is under a legal duty to disclose, and

(b)

intends, by failing to disclose the information—

(i)

to make a gain for himself or another, or

(ii)

to cause loss to another or to expose another to a risk of loss.