sec.48Offence for giving or keeping false, misleading or incomplete information and records

sec.48 Offence for giving or keeping false, misleading or incomplete information and records

This section applies to a person who— gives information to the chief executive, whether orally or in a document— for the purpose of obtaining or keeping an authorisation under this Act; or in response to a request for information under this Act; or is required under this Act to keep a record. The person must not— give the chief executive information the person knows is false or misleading in a material particular; or make or keep a record the person knows is false or misleading in a material particular; or make or keep a record the person knows is incomplete in a material particular. Maximum penalty—50 penalty units. Subsection (2) (a) does not apply to a person if the person, when giving information in a document— tells the chief executive, to the best of the person’s ability, how the document is false or misleading; and if the person has, or can reasonably obtain, the correct information—gives the correct information. (sec.48-ssec.1) This section applies to a person who— gives information to the chief executive, whether orally or in a document— for the purpose of obtaining or keeping an authorisation under this Act; or in response to a request for information under this Act; or is required under this Act to keep a record. (sec.48-ssec.2) The person must not— give the chief executive information the person knows is false or misleading in a material particular; or make or keep a record the person knows is false or misleading in a material particular; or make or keep a record the person knows is incomplete in a material particular. Maximum penalty—50 penalty units. (sec.48-ssec.3) Subsection (2) (a) does not apply to a person if the person, when giving information in a document— tells the chief executive, to the best of the person’s ability, how the document is false or misleading; and if the person has, or can reasonably obtain, the correct information—gives the correct information.

• (a) gives information to the chief executive, whether orally or in a document— (i) for the purpose of obtaining or keeping an authorisation under this Act; or (ii) in response to a request for information under this Act; or
• (i) for the purpose of obtaining or keeping an authorisation under this Act; or
• (ii) in response to a request for information under this Act; or
• (b) is required under this Act to keep a record.
• (i) for the purpose of obtaining or keeping an authorisation under this Act; or
• (ii) in response to a request for information under this Act; or
• (a) give the chief executive information the person knows is false or misleading in a material particular; or
• (b) make or keep a record the person knows is false or misleading in a material particular; or