Section 35

a dealer or a person on behalf of a dealer, an agent or a person on behalf of an owner prepares or causes to be prepared a regulated agreement or offer in writing that, if accepted, will constitute a regulated agreement with the intention of bringing about a contractual relationship between an owner and a hirer; and

the agreement or offer contains to the knowledge of the dealer or a person on behalf of the dealer, agent or person acting on behalf of the owner, as the case may be, a false statement or representation that is false in any material particular,the dealer or a person on behalf of the dealer, agent or person acting on behalf of the owner shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 12 months or to both.