547True consideration to be shown

547 True consideration to be shown

(1) A person to whom this section applies must not give the Minister a specified instrument that contains a statement that the person knows is false or misleading in a material particular in relation to—

(a) the consideration for the transfer or dealing; or

(b) any other fact or circumstance affecting the amount of a fee determined under section 557 or 558 in relation to the transfer or dealing.

(2) This section applies to a person who is a party to—

(a) a transfer of a title; or

(b) a dealing to which Part 4.6 applies; or

(c) a dealing referred to in section 533(1).

specified instrument means an instrument of transfer, an instrument evidencing the dealing or a supplementary instrument;

supplementary instrument has the meaning given by section 524(3) or 534(3).