846. Agreement to dispense with reports etc (division)

(1) If all members holding shares in, and all persons holding other securities of, the companies involved in the division, being shares or securities that carry a right to vote in general meetings of the company in question, so agree, the following requirements do not apply.
(2) The requirements that may be dispensed with under this section are–
(a) the requirements of–
(i) section 835 (directors’ explanatory report),
(ii) section 836 (expert’s report),
(iii) section 837 (supplementary accounting statement), and
(iv) section 840 (report on material changes in assets of transferor company), and
(b) the requirements of section 838 (inspection of documents) so far as relating to any document required to be drawn up under the provisions mentioned in subsection (a)(i), (a)(ii) or (a)(iii) above.
(3) For the purposes of this section–
(a) the members, or holders of other securities, of a company, and
(b) whether shares or other securities carry a right to vote in general meetings of the company,
     are determined as at the date of the application to the Court under section 802.