FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998No. 55, 1998 - SECT 37 False or misleading statements
FINANCIAL SECTOR (SHAREHOLDINGS) ACT 1998No. 55, 1998 - SECT 37
False or misleading statements A person is guilty of an offence if:
- (a) the person makes a statement
(whether orally, in a document or in any other way); and
(b) the statement:
- (i) is false or misleading in a material particular;
or
(ii) omits any matter or thing without which the statement is misleading in a material particular; and
- (c) either:
- (i) the statement is made to
a person who is exercising powers or performing functions under, or in
connection with, this Act; or
(ii) the statement is made in purported compliance with a requirement covered by paragraph 26(1)(c).
- Penalty: Imprisonment for 6 months.