Financial Intermediaries Act 1996
sec.222Falsification of records
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sec.222 Falsification of records
An officer of a society must not destroy, mutilate, alter or falsify a document or security, or make or be privy to the making of a false or fraudulent entry in a document, belonging to the society with intent to defraud or deceive a person. A person who has a duty to record information in the documents of a society must not fail to record the information in the documents— with intent to defraud another person; or knowing that the failure will render other matter contained in the documents false or misleading in a material particular. Maximum penalty—1600 penalty units or 7 years imprisonment. (sec.222-ssec.1) An officer of a society must not destroy, mutilate, alter or falsify a document or security, or make or be privy to the making of a false or fraudulent entry in a document, belonging to the society with intent to defraud or deceive a person. (sec.222-ssec.2) A person who has a duty to record information in the documents of a society must not fail to record the information in the documents— with intent to defraud another person; or knowing that the failure will render other matter contained in the documents false or misleading in a material particular. Maximum penalty—1600 penalty units or 7 years imprisonment.
- (a) with intent to defraud another person; or
- (b) knowing that the failure will render other matter contained in the documents false or misleading in a material particular.