National Consumer Credit Protection Act 2009
View history note
Hide history noteProhibition on giving misleading information etc.
160D(1)
A person (the giver ) must not, in the course of engaging in a credit activity, give information or a document to another person if the giver knows, or is reckless as to whether, the information or document is:
(a) false in a material particular; or
(b) materially misleading.
Civil penalty: 5,000 penalty units.
Offence
160D(2)
A person commits an offence if:
(a) the person gives information or a document to another person; and
(b) the person does so in the course of engaging in a credit activity; and
(c) the information or document is false in a material particular or materially misleading.
Criminal penalty: 5 years imprisonment.
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