Section 1021H — Corporations Act 2001: Offences if a Product Disclosure Statement (or Supplementary PDS) does not comply with certain requirements

(1) A person commits an offence if: (a) the person prepares (or has someone else prepare for them) a Product Disclosure Statement, a Supplementary Product Disclosure Statement or a Replacement Product Disclosure Statement (the disclosure document); and (b) the disclosure document does not comply with: (i) if it is a Product Disclosure Statement—section 1013B or 1013G or subsection 942DA(3); or (ii) if it is a Supplementary Product Disclosure Statement—section 1013G, 1014B or 1014C; or (iii) if it is a Replacement Product Disclosure Statement—subsection 942DA(3), section 1013G or subsection 1014K(1), (2) or (3); and (c) the person: (i) gives (see subsection (3)) another person the disclosure document in circumstances in which it is required by a provision of this Part to be given to the other person; or (ii) gives (see subsection (3)), or makes available to, another person the disclosure document, reckless as to whether the other person will or may rely on the information in it; or (iii) gives (see subsection (3)), or makes available to, another person the disclosure document, reckless as to whether the other person, or someone else, will or may give it, or make it available, to another person as mentioned in subparagraph (i) or (ii). Note: A defendant bears an evidential burden in relation to the matters in sections 1012D, 1012DAA, 1012DA and 1012E. (2) For the purposes of an offence based on subsection (1), strict liability applies to paragraph (b) of that subsection. Note: For strict liability, see section 6.1 of the Criminal Code. (3) In this section, give means give by any means (including orally),

and is not limited to giving in accordance with section 1015C.