39False or misleading information

39 False or misleading information

(1)  A person, in providing an application, information, statement or document under this Act, must not –

(a) provide it knowing it to be false or misleading; or

(b) omit any matter knowing that without the matter the application, information, statement or document is false or misleading.

Penalty:  In the case of –

(a) a body corporate, a fine not exceeding 500 penalty units; or

(b) an individual, a fine not exceeding 250 penalty units.

(2)  Subsection (1) does not apply to a person if the person –

(a) informed the person, to whom the application, information, statement or document was provided, that it was false, misleading or incomplete; and

(b) indicated the manner in which the application, information, statement or document was false, misleading or incomplete; and

(c) provided with the application, information, statement or document any further information the person has in respect of the application, information, statement or document.