Securities and Futures Act 2001 · 2020 Revised Edition · Part 4 · Holders of Capital Markets Services Licence and Representatives
92. False statements in relation to application for grant or variation of capital markets services licence
Feedback & supportLast amended by an amending law of 2009.
Any person who, in connection with an application for the grant or variation of a capital markets services licence —
capital markets services licence
“capital markets services licence” means a licence that is granted by the Authority under section 86 to a person to carry on a business in any regulated activity;
without reasonable excuse, makes a statement which is false or misleading in a material particular; or
without reasonable excuse, omits to state any matter or thing without which the application is misleading in a material respect,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000.