Commonwealth Consolidated Acts

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 169

  (1)   A person commits an offence if:

  (a)   the person gives evidence at a hearing of a Financial Services and Credit Panel; and

  (b)   the evidence is false or misleading in a material particular.

Penalty:   2 years imprisonment.

  (2)   Subsection   (1) does not apply if the person, when giving the evidence, reasonably believed that it was true and not misleading.

Note:   A defendant bears an evidential burden in relation to the matter in subsection   (2) (see subsection   13.3(3) of the Criminal Code ).