Retirement Savings Accounts Act 1997

Part 12 heading substituted by No 137 of 2000, s 3 and Sch 2 item 360, effective 24 May 2001. For transitional provisions see note under s 145. The heading formerly read:

PART 12 - OFFENCES RELATING TO STATEMENTS, RECORDS ETC.

S 150 repealed by No 137 of 2000, s 3 and Sch 2 item 362, effective 24 May 2001. For transitional provisions see note under s 145. S 150 formerly read:

FALSE OR MISLEADING STATEMENTS  
150(1)
A person who:

(a) makes a statement to an RSA officer that is false or misleading in a material particular; or

(b) omits from a statement made to an RSA officer any matter or thing without which the statement is misleading in a material particular;

is guilty of an offence punishable on conviction by a fine not exceeding 40 penalty units.

Note:

In the case of a person failing to quote his or her tax file number, see section 145 .

150(2)
In a prosecution of a person for an offence against subsection (1), it is a defence if the person proves that he or she:

(a) did not know; and

(b) could not reasonably be expected to have known;

that the statement to which the prosecution relates was false or misleading.