DUTIES ACT 2001 - SECT 471G Prohibition on giving false or misleading documents to self assessor

DUTIES ACT 2001 - SECT 471G

471G Prohibition on giving false or misleading documents to self assessor

(1) A liable party to the instrument or transaction must not give the instrument or a document relating to the instrument or transaction to the self assessor if the instrument or document contains information the party knows, or should reasonably know, is false or misleading in a material particular.

Penalty—

Maximum penalty—100 penalty units.

Note—

This provision is an executive liability provision under the Taxation Administration Act 2001 , section 140 .

(2) Subsection (1) does not apply to a liable party who, when giving the instrument or document to the self assessor—

(a) tells the self assessor of the extent to which the instrument or document is false or misleading; and

(b) to the extent the party has, or can reasonably get, the correct information—gives the correct information to the self assessor.

(3) It is enough for a complaint against a person for an offence against subsection (1) to state the instrument or document was ‘false or misleading’, without specifying which.