Superannuation Industry (Supervision) Act 1993

PART 16 - ACTUARIES AND AUDITORS OF SUPERANNUATION ENTITIES  

Division 4 - Offences and failure to carry out duties etc.  

SECTION 131BA   MISLEADING REPRESENTATIONS BY DISQUALIFIED FIRM OR COMPANY  

131BA(1)    
A person commits an offence if:

(a)    the person is a firm; and

(b)    the firm is disqualified under section 130EA ; and

(c)    the firm represents that a member or employee of the firm is eligible to be an RSE auditor.

Penalty: 50 penalty units.


131BA(2)    
A person commits an offence if:

(a)    the person is a company; and

(b)    the company is disqualified under section 130EA ; and

(c)    the company represents that a director or employee of the company is eligible to be an RSE auditor.

Penalty: 250 penalty units.


131BA(3)    
Subsections (1) and (2) are offences of strict liability.

Note:

See also sections 131CC and 131CD .



 

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