• Specific Year
    Any

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 307 Incorrectly keeping records with intention of deceiving or misleading etc.

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 307

Incorrectly keeping records with intention of deceiving or misleading etc.

  (1)   A person commits an offence if the person:

  (a)   keeps any accounts, accounting records or other records in such a way that they:

  (i)   do not correctly record and explain the matters, transactions, acts or operations to which they relate; or

  (ii)   are (whether in whole or in part) illegible, indecipherable, incapable of identification or, if they are kept in the form of a data processing device, incapable of being used to reproduce information; or

  (b)   makes a record of any matter, transaction, act or operation in such a way that it does not correctly record the matter, transaction, act or operation; or

  (c)   alters, defaces, mutilates, falsifies, damages, removes, conceals or destroys any accounts, accounting records or other records (whether in whole or in part); or

  (d)   does or omits to do any other act or thing to any accounts, accounting records or other records;

with any of the following intentions (whether or not the person had any other intention):

  (e)   deceiving or misleading the Regulator or a particular SIS officer;

  (f)   hindering or obstructing the Regulator or a particular SIS officer (otherwise than in the investigation of an offence against, or arising out of, this Act or the regulations);

  (g)   hindering or obstructing the investigation of an offence against, or arising out of, this Act or the regulations;

  (h)   hindering, obstructing or defeating the administration, execution or enforcement of this Act, the regulations or the prudential standards;

  (i)   defeating the purposes of this Act, the regulations or the prudential standards.

  (2)   The offence is punishable on conviction by imprisonment for a term not exceeding 2 years.

Download

No downloadable files available