Section 206 — Competition and Consumer Act 2010: False or misleading information etc.

(1) A person commits an offence if the person, in compliance or purported compliance with a substantiation notice given by the regulator: (a) gives to the regulator false or misleading information; or (b) produces to the regulator documents that contain false or misleading information. Penalty: (a) if the person is a body corporate—$27,500; or (b) if the person is not a body corporate—$5,500. (2) This section does not apply to: (a) information that the person could not have known was false or misleading; or (b) the production to the regulator of a document containing false or misleading information if the document is accompanied by a statement of the person that the information is false or misleading. (3) Subsection (1) is an offence of strict liability.