TASIn ForceAct
Financial Transaction Reports Act 1993
9False or misleading statements
Start here
Get a plain-English read of 9
Turn the raw legal text into a practical explanation grounded in Financial Transaction Reports Act 1993.
9 False or misleading statements
A person must not, in giving information under this Act –
(a) make a statement that the person knows is false or misleading in a material particular; or
(b) [Section 9 Amended by No. 61 of 2013, s. 11, Applied:01 Mar 2014] omit anything from a statement knowing that without the thing the statement is misleading in a material particular.
Penalty: Fine not exceeding 1 000 penalty units or imprisonment for a term not exceeding 5 years, or both.