Dissemination of information about illegal offers, trades or transfers, etc
101JK Dissemination of information about illegal offers, trades or transfers, etc
A person must not circulate or disseminate any statement or information to the effect that the price for trading eligible tradeable water rights will, or is likely to, rise or fall, or be maintained, because of an offer, trade or transfer, or other act or thing done, in relation to the eligible tradeable water rights, if:
the offer, trade or transfer, or thing done, constitutes or would constitute a contravention of section 101JG, 101JH or 101JJ; and
the person, or an associate of the person:
has made such an offer, has entered into such a trade or transfer, or has done such an act or thing; or
has received, or may receive, directly or indirectly, a consideration or benefit for circulating or disseminating, or authorising the circulation or dissemination of, the statement or information.
Civil penalty: For an individual—2,000 penalty units.
For a body corporate—see section 101K.
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