Superannuation Industry (Supervision) Act 1993

SECTION 145 FRAUDULENTLY INDUCING A PERSON TO ENGAGE IN A REGULATED ACT - CRIMINAL LIABILITY  
145
A person must not:

(a) by making, publishing, broadcasting or datacasting a statement or advertisement that the person knows to be false or misleading; or

(b) by dishonestly concealing or withholding material facts; or

(c) by recording or storing in, or by means of, any mechanical, electronic or other device, information that the person knows to be:

(i) false in a material particular; or

(ii) materially misleading;

intentionally induce another person to engage in a regulated act.

Penalty: Imprisonment for 5 years.

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History

S 145 amended by No 108 of 2000, s 3 and Sch 3 item 6, by substituting ``, broadcasting or datacasting ' ' for ``or broadcasting ' ' in para (a), effective 1 January 2001.