Commonwealth Numbered Acts

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 (NO. 134, 2009) - SECT 33

Prohibition on giving misleading information etc.

             (1)  A person (the giver ) must not, in the course of engaging in a credit activity, give information or a document to another person if the giver knows, or is reckless as to whether, the information or document is false in a material particular or materially misleading.

Civil penalty:            2,000 penalty units.

Offence

             (2)  A person commits an offence if:

                     (a)  the person gives information or a document to another person; and

                     (b)  the person does so in the course of engaging in a credit activity; and

                     (c)  the information or document is false in a material particular or materially misleading.

Criminal penalty:      100 penalty units, or 2 years imprisonment, or both.