Victorian Consolidated Legislation

Partnership Act 1958 - SECT 79

False and misleading statements

79. False and misleading statements







(1) A person who, in a document required by or for the purposes of this Act or
lodged with or submitted to the Director or in a declaration made under this
Act, makes or authorizes the making of a statement that to his or her
knowledge is false or misleading in a material particular or omits or
authorizes the omission of any matter or thing without which the statement is
to his or her knowledge misleading in a material respect, is guilty of an
offence and liable to a penalty not exceeding 60 penalty units.

(2) A person who, in a document required by or for the purposes of this Act or
lodged with or submitted to the Director or in a declaration made under this
Act-

   (a)  makes or authorizes the making of a statement that is false or
        misleading in a material particular; or

   (b)  omits or authorizes the omission of any matter or thing without which
        the statement would be misleading-

without having taken reasonable steps to ensure that the statement was not
false or misleading or to ensure that the statement did not omit any matter or
thing without which the document would be misleading, as the case may be, is
guilty of an offence and liable to a penalty not exceeding 60 penalty units.
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