BUILDING (RBI AND FIDELITY FUND SCHEMES) REGULATIONS 2012
67Offence to give misleading information or document
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67 Offence to give misleading information or document (1) A builder must not give the trustees of an approved scheme information the builder knows is misleading information. Maximum penalty: 100 penalty units. (2) A builder must not give the trustees of an approved scheme a document containing information the builder knows is misleading information. Maximum penalty: 100 penalty units. (3) However, subregulation (2) does not apply if the builder, when giving the document to the trustees: (a) draws the misleading aspect of the document to the trustees' attention; and (b) to the extent to which the builder can reasonably do so – gives the trustees the information necessary to remedy the misleading aspect of the document.