New Zealand Legislation: Acts

46 Offence of false or misleading statement or omission

• (1) Every person commits an offence who knowingly or recklessly makes any false or misleading statement or any material omission in—

  • (a) any offer or representation made for the purposes of this Act or regulations; or

  • (b) any information or document provided to the regulator; or

  • (c) any communication with the regulator.

  (2) Every person commits an offence who knowingly or recklessly provides the regulator with a document that is false or misleading.

  (3) A person who commits an offence under subsection (1) or subsection (2) is liable on summary conviction to a fine not exceeding $300,000.

  (4) Section 14 of the Summary Proceedings Act 1957 does not apply to an offence committed under subsection (1) or subsection (2).