(1) A person must not—
(a) give information, prepare a document or make a statement required to be given or made under this Act that the person believes to be false or misleading in any material particular; or
(b) produce a document under this Act that the person knows to be false or misleading in a material particular without indicating the respect in which it is false or misleading and, if practicable, providing correct information.
Penalty: In the case of a natural person, 60 penalty units;
In the case of a body corporate, 300 penalty units.
(2) In a proceeding for an offence against subsection (1) it is a defence to the charge for the accused to prove that, at the time at which the offence is alleged to have been committed, the accused believed on reasonable grounds that the information, document or statement was true or was not misleading.