604True consideration to be shown

604 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 a transfer or dealing; or

(b) any other fact or circumstance affecting the amount of the fee payable in relation to a 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 5.6 applies; or

(c) a dealing referred to in section 590(1).

specified instrument means an instrument of transfer, an instrument evidencing a dealing to which Part 5.6 applies or a supplementary instrument;

supplementary instrument has the meaning given by section 582(3) or 591(3).