Singapore legislation

Section 62

of Trust Companies Act 2005

Section 62

Duty not to provide false information to Authority

(1)

Any person who provides the Authority with any information under this Act must use due care to ensure that the information is not false or misleading in any material particular.

(2)

Subsection (1) applies only to a requirement in relation to which no other provision of this Act creates an offence in connection with the provision of information.

(3)

Any person who signs any document lodged with the Authority must use due care to ensure that the document is not false or misleading in any material particular.

(4)

Any person who contravenes subsection (1) or (3) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000 or to imprisonment for a term not exceeding 2 years or to both.