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STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 207A False or misleading information in relation to contract price or building bond

STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 207A

False or misleading information in relation to contract price or building bond

207A False or misleading information in relation to contract price or building bond

A developer must not knowingly give to the Secretary information in relation to the contract price of building work, or the amount required to be secured by the building bond for building work, that is false or misleading in a material particular.

: Maximum penalty--
(a) in the case of a corporation--1,000 penalty units, or
(b) in any other case--200 penalty units.