89Quote not effective for certain purposes if there are grounds for believing it was improperly made

#### 89 Quote not effective for certain purposes if there are grounds for believing it was improperly made A quote is not effective, so far as it would have resulted in an exemption or a ground for a CR8 credit, if at the time of the quote the person to whom the quote is made has reasonable grounds for believing that: (a) the quoter is not entitled to quote in the particular circumstances; or (b) the quote is not made in the form and manner required by subsection 86(1); or (c) the quote is false or misleading in a material particular (either because of something stated in the quote or something left out).