Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 999

999. (1) A person shall not make a statement, or disseminate information, that
is false in a material particular or materially misleading and is likely to
induce the sale or purchase of eligible securities by other persons or is
likely to have the effect of increasing, reducing, maintaining or stabilising
the market price of eligible securities if, when the person makes the
statement or disseminates the information:

   (a)  the person does not care whether the statement or information is true
        or false; or

   (b)  the person knows or ought reasonably to have known that the statement
        or information is false in a material particular or materially
        misleading.

(2) A corporation shall not issue a statement, or disseminate information,
that is false in a material particular or materially misleading and is likely
to induce the sale or purchase of securities by other persons or is likely to
have the effect of increasing, reducing, maintaining or stabilising the market
price of securities if, when it issues the statement or disseminates the
information:

   (a)  it does not care whether the statement or information is true or
        false; or

   (b)  it knows or ought reasonably to have known that the statement or
        information is false in a material particular or materially
        misleading.