Precious Stones and Precious Metals (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Act 2019 · 2020 Revised Edition · Part 5 · General Offences
27. Providing false information to Registrar or authorised officer
Feedback & supportA person who, in any application for registration (or renewal of registration) or in compliance or purported compliance with any requirement under Part 3 or 4 —
provides to the Registrar or an authorised officer any information or document that the person knows or has reason to believe is materially false or misleading;
Registrar
“Registrar” means the Registrar of Regulated Dealers appointed under section 4(1);
omits to provide any information to the Registrar or authorised officer for the purposes of this Act, knowing or having reason to believe that the omission will create a materially false or misleading impression;
intentionally alters, suppresses or destroys any document or information which the person has been required to produce or provide; or
in producing any document or providing any information so required, makes any statement which the person knows or ought reasonably to know is, or is reckless as to whether it 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 $50,000 or to imprisonment for a term not exceeding 2 years or to both.