Section 92
False statements in relation to application for grant or variation of capital markets services licence
of Securities and Futures Act 2001
ActIn forceProvision 211 of 701
Section 92
Amended by2/2009
Any person who, in connection with an application for the grant or variation of a capital markets services licence —
(a)
without reasonable excuse, makes a statement which is false or misleading in a material particular; or
(b)
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.