Co-operatives National Law (NSW)
514False or misleading documents
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514 False or misleading documents
514 False or misleading documents
(1) A person must not give to the Registrar or an inspector a document containing information the person knows is false or misleading in a material particular.
Maximum penalty—$12,000 or imprisonment for 1 year, or both.
(2) Subsection (1) does not apply to a person who, when giving the document—
(a) tells the Registrar or inspector, to the best of the person’s ability, how it is false, misleading or incomplete; and
(b) if the person has, or can reasonably get, the correct information—gives the correct information to the Registrar or inspector.
(3) It is sufficient for a complaint against a person for an offence against subsection (1) to state the document was false, misleading or incomplete to the person’s knowledge without stating which.