Document ID: chunk:federal_register_of_legislation:C2025C00182:section:199
Version: federal_register_of_legislation:C2025C00182
Segment Type: section
Provision Reference: s 199
Character Range: 537255–537950

199  False evidence
 (1) A person must not:
 (a) in a written submission given to the Takeovers Panel for the purposes of Takeovers Panel proceedings; or
 (b) while appearing before the Takeovers Panel in Takeovers Panel proceedings;
give information or evidence that is false or misleading in a material particular.
Penalty: 3 months imprisonment.
 (2) It is a defence to a prosecution for a contravention of subsection (1) if it is proved that the defendant, when giving the information or evidence, believed on reasonable grounds that it was true and not misleading.
Note: A defendant bears a legal burden in relation to the matters in subsection (2), see section 13.4 of the Criminal Code.