Additional or corrected information in relation to applications
173 Additional or corrected information in relation to applications
A person who has made an application to another person (the recipient) under this Act must comply with subsection (2) if:
the person becomes aware that information included in the application, or information or a document given in relation to the application to the recipient, was incomplete or incorrect; or
a change prescribed by the rules occurs.
The person must, as soon as practicable, give the recipient additional or corrected information, to the extent that it is relevant to the consideration of the application.
A person may commit an offence or be liable to a civil penalty if the person makes a false or misleading statement in an application or provides false or misleading information or documents (see sections 145, 146 and 147 of this Act and sections 136.1, 137.1 and 137.2 of the Criminal Code).
Civil penalty provision
A person is liable to a civil penalty if:
the person is subject to a requirement under subsection (2); and
the person fails to comply with the requirement.
Civil penalty: 60 penalty units.
This Act’s bill:Explanatory memorandumSecond reading speech
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