96. False or misleading statements, documents or information

A person who, in relation to any matter under this Act —

makes any statement, or provides any document or information, that is false or misleading in a material particular; and

knows or ought reasonably to know that, or is reckless as to whether, the statement, document or information is false or misleading in a material particular,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000 or to imprisonment for a term not exceeding 12 months or to both.