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This is the original version (as it was originally enacted).
(1)It is an offence for a person, without reasonable excuse, to fail to comply with a requirement made under section 48.
(2)It is an offence for a person, knowingly or recklessly, to provide information which is false or misleading in a material respect to the Regulator or any other person—
(a)in purported compliance with a requirement made under section 48, or
(b)otherwise if the person knows, or could reasonably be expected to know, that the information may be used by, or provided to, the Regulator.
(3)It is an offence for a person intentionally to alter, suppress, conceal or destroy a document or other information which the person, or which the person knows another person, has been required to provide under section 48.
(4)A person guilty of an offence under subsection (1) is liable on summary conviction to a fine not exceeding level 3 on the standard scale.
(5)A person guilty of an offence under subsection (2) or (3) is liable on summary conviction to a fine not exceeding level 5 on the standard scale.
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Text created by the Scottish Executive department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills
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