Mineral and Energy Resources (Financial Provisioning) Act 2018
sec.77False or misleading statements
Start here
Get a plain-English read of sec.77
Turn the raw legal text into a practical explanation grounded in Mineral and Energy Resources (Financial Provisioning) Act 2018.
sec.77 False or misleading statements
A person must not, in relation to the administration of this Act— state anything to the scheme manager the person knows, or should reasonably know, is false or misleading in a material particular; or omit from a statement made to the scheme manager anything without which the statement is, to the person’s knowledge, misleading in a material particular. Maximum penalty—100 penalty units.
- (a) state anything to the scheme manager the person knows, or should reasonably know, is false or misleading in a material particular; or
- (b) omit from a statement made to the scheme manager anything without which the statement is, to the person’s knowledge, misleading in a material particular.