(1)  A person must not, in giving any information, filing a return or making an application under this Act –

(a) make a statement or declaration knowing it to be false or misleading; or

(b) omit any matter from a statement or declaration knowing that without that matter the statement or declaration is misleading.

(2)  A person who contravenes or fails to comply with subsection (1) is guilty of a crime, punishable on indictment under the Criminal Code .

(3)  Notwithstanding section 389 of the Criminal Code , a person who is convicted of a crime under subsection (2) is liable to a penalty of a fine not exceeding 300 penalty units or imprisonment for a term not exceeding 12 months, or both.