Document ID: chunk:federal_register_of_legislation:C2025C00133:section:10j
Version: federal_register_of_legislation:C2025C00133
Segment Type: section
Provision Reference: s 10J
Character Range: 36888–37647

10J  Reporting entities must not give false or misleading notices
 (1) A reporting entity is liable to a civil penalty if:
 (a) the entity gives the Regulator a notice under subsection 10H(2); and
 (b) the notice is false or misleading in a material particular.
Civil penalty: 350 penalty units.
 (2) For the purposes of subsection (1), the reference in paragraph 82(5)(a) of the Regulatory Powers Act to 5 times the pecuniary penalty specified for the civil penalty provision has effect as if it were a reference to 0.6% of the total income for the person for the income year in which the contravention occurred.
Note: This subsection modifies the maximum pecuniary penalty that a body corporate can be ordered to pay for a contravention of subsection (1).