Western Australian Current Acts

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GOVERNMENT TRADING ENTERPRISES ACT 2023 - SECT 49

49 .         False or misleading information

        (1)         In this section —

        false or misleading information means, subject to subsection (2), information provided, whether in documentary or any other form —

            (a)         that relates to the affairs of a GTE (including information as to the state of knowledge of the person providing it with respect to the affairs of the GTE); and

            (b)         that —

                  (i)         is false or misleading in a material particular; or

                  (ii)         has omitted from it a matter or thing, the omission of which renders the information misleading in a material respect;

        provide , in relation to information, means —

            (a)         make available or furnish the information; and

            (b)         authorise or permit the making available or furnishing of the information;

        relevant official , in relation to a GTE, means

            (a)         the Treasurer, the GTE Minister or the GTE’s Portfolio Minister; or

            (b)         a director or auditor of the GTE.

        (2)         In determining whether information provided to a relevant official is false or misleading information, if it is provided in response to a question asked by that relevant official the question and the information must be considered together.

        (3)         A director, chief executive officer or executive officer of a GTE who provides information to a relevant official that, to the knowledge of the director, chief executive officer or executive officer, is false or misleading information commits an offence.

        Penalty for this subsection: imprisonment for 2 years and a fine of $10 000.

        (4)         A director, chief executive officer or executive officer of a GTE who provides information to a relevant official that is false or misleading information without having taken reasonable steps to ensure that it is not false or misleading information commits an offence.

        Penalty for this subsection: imprisonment for 1 year and a fine of $5 000.



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