(1) A person must not, for the purposes of this Part, give the Commissioner any document that contains information the person knows to be misleading in a material particular.
Maximum penalty: 100 penalty units or imprisonment for 12 months.
(2) However, subsection (1) does not apply if the person, when giving the document:
(a) draws the misleading aspect of the document to the Commissioner's attention; and
(b) to the extent the person can reasonably do so – gives the Commissioner the information necessary to correct the document.