14‑230 Administrative penalties for fals14‑230 Administrative penalties for false or misleading declarations

#### 14‑230 Administrative penalties for false or misleading declarations Knowingly making false or misleading declarations (1) You are liable to pay the Commissioner a penalty of 120 penalty units if: (a) you make a statement; and (b) the statement is, or purports to be, a declaration under section 14‑225; and (c) the statement is false or misleading in a material particular, whether because of things in it or omitted from it; and (d) you know, at the time of making the statement, that it is so false or misleading. > Note: Division 298 contains machinery provisions for administrative penalties. Recklessly making false or misleading declarations (2) You are liable to pay the Commissioner a penalty of 80 penalty units if: (a) you make a statement; and (b) the statement is, or purports to be, a declaration under section 14‑225; and (c) the statement is false or misleading in a material particular, whether because of things in it or omitted from it; and (d) you were reckless in connection with the making of the statement. > Note: Division 298 contains machinery provisions for administrative penalties. Not taking reasonable care in making declarations (3) You are liable to pay the Commissioner a penalty of 40 penalty units if: (a) you make a statement; and (b) the statement is, or purports to be, a declaration under section 14‑225; and (c) the statement is false or misleading in a material particular, whether because of things in it or omitted from it; and (d) you did not take reasonable care in connection with the making of the statement. > Note: Division 298 contains machinery provisions for administrative penalties.