149A. Penalty for incorrect return

Any person who —

makes an incorrect return by omitting or understating any gross gaming revenue or casino tax of which a casino operator is required by this Act to make a return; or

gives any incorrect information in relation to any matter affecting a casino operator’s liability to casino tax,shall be guilty of an offence and shall be liable on conviction —

to a penalty equal to double the amount of casino tax which has been underpaid in consequence of such incorrect return or incorrect information, or which would have been so underpaid if the return or information had been accepted as correct; and

to a fine not exceeding $25,000 or to imprisonment for a term not exceeding 2 years or to both.