CTHRepealedAct
Australian Securities and Investments Commission Act 1989
199False evidence
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#### 199 False evidence
(1) A person must not:
(a) in a written submission given to the Panel for the purposes of Panel proceedings; or
(b) while appearing before the Panel in Panel proceedings;
give information or evidence that is false or misleading in a material particular.
Penalty: 10 penalty units or imprisonment for 3 months, or both.
(2) It is a defence to a prosecution for a contravention of subsection (1) if it is proved that the defendant, when giving the information or evidence, believed on reasonable grounds that it was true and not misleading.