(1) An officer of a body commits an offence if—
(a) the officer dishonestly publishes or concurs in the publishing of a document containing a statement or account that is false or misleading in a material particular; and
(b) the officer is reckless about whether the statement or account is false or misleading in a material particular; and
(c) the officer publishes or concurs in the publishing of the document with the intention of deceiving members or creditors of the body about its affairs.
Maximum penalty: 700 penalty units, imprisonment for 7 years or both.
(2) In this section:
"creditor", of a body, includes a person who has entered into a security for the benefit of the body.
"officer", of a body, includes—
(a) any member of the body who is concerned in its management; and
(b) anyone purporting to act as an officer
of the body.