Singapore legislation
Clause 69
of Deposit Insurance and Policy Owners’ Protection Schemes Bill
Clause 69
Duty not to furnish false information to Authority or Agency
(1)
Any person who furnishes the Authority or the Agency with any information under or for the purposes of any provision of this Act shall 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 furnishing of information.
(3)
Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $125,000 or to imprisonment for a term not exceeding 3 years or to both.