(1) An investigated person or associated person for an investigated person must not—(a) fail to comply with a lawful requirement (a
"relevant requirement" ) of an investigator to the extent the person is able to comply with it; or(b) in purported compliance with a relevant requirement, give information to an investigator knowing it to be false or misleading in a material particular; or(c) when appearing before an investigator for examination under a relevant requirement—(i) state anything knowing it is false or misleading in a material particular; or(ii) fail to be sworn or to make an affirmation.Penalty—Maximum penalty—300 penalty units or 2 years imprisonment.
(2) Subsection (1) does not apply to a person if the person, when giving information in a document—(a) tells the investigator, to the best of the person’s ability, how the information is false or misleading; and(b) if the person has, or can reasonably obtain, the correct information—gives the correct information to the investigator.
(3) A person who complies with a relevant requirement of an investigator under this section does not merely because of the compliance—(a) contravene a provision of an Act or a law imposing a statutory or commercial obligation or restriction to maintain secrecy; or(b) incur any civil liability.
(4) A person required to attend for examination under this part is entitled to the allowances and expenses prescribed by regulation.