26NOffences

26N Offences

(1) A person shall not, in or in connection with an application for a grant or otherwise in relation to a grant, knowingly make to the Authority, or to a person having duties or functions under this Part, a statement, whether oral or in writing, or present to the Authority or to such a person a book, record or document, that is false or misleading in a material particular.

Penalty:

(a) if the offender is a natural person—$2,000 or imprisonment for 12 months, or both; or

(b) if the offender is a body corporate—$10,000.

(2) For the purposes of the application of subsection (1) in relation to a body corporate, but without prejudice to the liability of any person other than the body corporate:

(a) a statement made, or a book or document presented, by a person acting on behalf of the body corporate shall be deemed to be made or presented by the body corporate; and

(b) the knowledge of any person employed by, or concerned in the management of, the body corporate, shall be deemed to be knowledge of the body corporate.