Document ID: chunk:federal_register_of_legislation:C2024C00680:section:230
Version: federal_register_of_legislation:C2024C00680
Segment Type: section
Provision Reference: s 230
Character Range: 304430–305027

230  Incorrect accounts and statements
 (1) A company must not, in purported compliance with section 141, prepare any accounts or statements in such a way that they do not correctly record and explain the matters or things to which they relate.
 (2) A company commits an offence if:
 (a) the company is subject to a requirement under subsection (1); and
 (b) the company engages in conduct; and
 (c) the company's conduct contravenes the requirement.
Penalty: 150 penalty units.
 (3) Strict liability applies to paragraph (2)(a).
Note: For strict liability, see section 6.1 of the Criminal Code.