11Person must not give false acquisition guarantee

#### 11 Person must not give false acquisition guarantee 11 Person must not give false acquisition guarantee > > (1) A person must not make a false statement or give a false description in relation to an electrical article or model of electrical article in any acquisition guarantee, or purported acquisition guarantee, given by the person. > > > > Maximum penalty—500 penalty units in the case of a corporation and 150 penalty units in the case of an individual. > > > > Note— > > > > An offence against subsection (1) committed by a corporation is an executive liability offence attracting executive liability for a director or other person involved in the management of the corporation—see section 63. > > > (2) It is a defence to the prosecution of an offence against subsection (1) if the defendant proves that, when the defendant gave the acquisition guarantee, the defendant had reasonable grounds for believing that the statements and descriptions contained in the acquisition guarantee were true.