230Incorrect accounts and statements

230 Incorrect accounts and statements

(1) A company must not, in purported compliance with section 141, prepare any accounts or statements in such a way that they do not correctly record and explain the matters or things to which they relate. (2) A company commits an offence if: (a) the company is subject to a requirement under subsection (1); and (b) the company engages in conduct; and (c) the company’s conduct contravenes the requirement.

Penalty: 150 penalty units.

(3) Strict liability applies to paragraph (2)(a).

Note: For strict liability, see section 6.1 of the Criminal Code.