177Misrepresentation in trade or commerce an offence

177 Misrepresentation in trade or commerce an offence (1) A person must not make a misrepresentation, in the course of trade or commerce— (a) to make or induce someone else to enter into a contract; or (b) to make or induce someone else to pay an amount, or to transfer real or personal property, to the person or to someone else. Maximum penalty: 200 penalty units (2) It is a defence to a prosecution for an offence against this section that the person who made the representation believed on reasonable grounds that the representation was true.