s 783
In forceComments by committee members not to be false or misleading
Chapter 12Industrial organisations and associated entities
Part 11Records and accounts
Division 6Accounts and audit
Subdivision 5Reporting requirements
783 Comments by committee members not to be false or misleading
(1)
This section applies if a member of a reporting unit’s management committee—
(a)
comments on a matter dealt with in a full report or in a concise report—
(i)
to members of the reporting unit; or
(ii)
to a general meeting of the members of the reporting unit or a meeting of the reporting unit’s management committee; or
(b)
publishes comments on the matter in a journal.
(2)
The member must not, in the comments, make a statement if the member knows, or is reckless as to whether, the statement is false or misleading. Maximum penalty—100 penalty units.
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