246ROffences relating to audit information

#### 246R Offences relating to audit information 246R Offences relating to audit information > > (1) A person who provides information to an auditor in connection with a mandatory audit, knowing the information to be false or misleading in a material respect, is guilty of an offence. > > > (2) The holder of an authorisation who fails to provide information to an auditor in connection with a mandatory audit being carried out in relation to the authorisation, knowing the information to be materially relevant to the audit, is guilty of an offence. > > > (3) An auditor who includes information in an audit report produced to the Secretary in connection with a mandatory audit, knowing the information to be false or misleading in a material respect, is guilty of an offence. > > > (4) An auditor who fails to provide information in an audit report produced to the Secretary in connection with a mandatory audit, knowing the information to be materially relevant to the audit, is guilty of an offence. > > > (5) The holder of an authorisation who— > > > > > (a) fails to retain any written documentation required to be prepared by the holder in connection with a mandatory audit for a period of at least 5 years after the audit report concerned was produced to the Secretary (or such other period as is prescribed by the regulations), or > > > > > (b) fails to produce during that period any such documentation to the Secretary on request, > > > > is guilty of an offence. > > Maximum penalty— > > > (a) in the case of a corporation—1,000 penalty units, or > > > (b) in the case of a natural person—500 penalty units. > > **ss 246Q–246U:** Ins 2008 No 19, Sch 1 \[213\].