Document ID: chunk:federal_register_of_legislation:C2012C00868:clause:2_206
Version: federal_register_of_legislation:C2012C00868
Segment Type: clause
Provision Reference: sch 2 cl 206
Character Range: 299431–300275

206  False or misleading information etc.

 (1) A person commits an offence if the person, in compliance or purported compliance with a substantiation notice given by the regulator:
 (a) gives to the regulator false or misleading information; or
 (b) produces to the regulator documents that contain false or misleading information.

Penalty:
 (a) if the person is a body corporate—$27,500; or
 (b) if the person is not a body corporate—$5,500.

 (2) This section does not apply to:
 (a) information that the person could not have known was false or misleading; or
 (b) the production to the regulator of a document containing false or misleading information if the document is accompanied by a statement of the person that the information is false or misleading.

 (3) Subsection (1) is an offence of strict liability.

Part 4‑6—Defences