68
In forceOffence
Part 5Trust money
Division 5Information about trust accounts or transactions
68 Offence
(1)
A licensee must not fail without reasonable excuse (proof of which lies on the licensee) to comply with a requirement under this Division.
(2)
A licensee must not, in purported compliance with a requirement under this Division, furnish information that the licensee knows is false or misleading in a material particular.
Maximum penalty—100 penalty units.
This Act’s bill:Explanatory memorandumSecond reading speech
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