Document ID: chunk:federal_register_of_legislation:C2024C00824:section:88
Version: federal_register_of_legislation:C2024C00824
Segment Type: section
Provision Reference: s 88
Character Range: 105042–106257

88  Offences
 (1) In this section:
application means:
 (a) an application to EFIC to enter into a contract of insurance or indemnity; or
 (b) an application to EFIC for the giving of a guarantee by EFIC; or
 (c) an application to EFIC for the making of a loan by EFIC.
claim means:
 (a) a claim under a contract of insurance or indemnity entered into by EFIC; or
 (b) a claim under a guarantee given by EFIC; or
 (c) a claim for payment under a loan made by EFIC.
 (2) A person must not, in, or for the purposes of, a claim, make a statement to EFIC, or give to EFIC a document, that the person knows to be false or misleading in a material particular.
Penalty: Imprisonment for 5 years.
 (3) A person must not, in, or for the purposes of, an application, make a statement to EFIC, or give to EFIC a document, that the person knows to be false or misleading in a material particular.
Penalty: Imprisonment for 5 years.
 (4) Subsections (2) and (3) do not apply to a document that is false or misleading in a material particular if, when the person gives it to EFIC, the person informs EFIC that it is, to the person's knowledge, false or misleading in a material particular and identifies to EFIC that particular.