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R v Southwood [1987] 1 WLR 1361 CA - S 1(1)(a) TDA.

- disclaimer by falsifier.
1) disclaimer not open as defence to charge under s 1(1)(a).
2) s 24 defence not open to falsifier.
3) disclaimer apt under s 1(1)(b) if purchaser put in same state of knowledge as D.
4) clocking to zero not effective disclaimer - irrelevant that no one likely to be misled.

undefined: unpaid

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