Financial Intermediaries Act 1996
sec.225False or misleading statements
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sec.225 False or misleading statements
A person must not state anything to the registrar or a relevant person that the person knows is false or misleading in a material particular. Maximum penalty—800 penalty units or imprisonment for 4 years. It is enough for a complaint for an offence against subsection (1) to state the statement made was false or misleading to the person’s knowledge. s 225 amd 1999 No. 27 s 76 sch 1 pt 2 (sec.225-ssec.1) A person must not state anything to the registrar or a relevant person that the person knows is false or misleading in a material particular. Maximum penalty—800 penalty units or imprisonment for 4 years. (sec.225-ssec.2) It is enough for a complaint for an offence against subsection (1) to state the statement made was false or misleading to the person’s knowledge.