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PART IIITHE BOARD OF THE PENSION PROTECTION FUND

CHAPTER 5GATHERING INFORMATION

Provision of false or misleading information

Offence of providing false or misleading information to the Board

177.—(1) Any person who knowingly or recklessly provides information which is false or misleading in a material particular is guilty of an offence if the information—

(a)is provided in purported compliance with a requirement under—

(i)Article 172 (information to be provided to the Board etc.),

(ii)Article 173 (notices requiring provision of information), or

(iii)Article 174 (entry of premises), or

(b)is provided otherwise than as mentioned in sub-paragraph (a) but in circumstances in which the person providing the information intends, or could reasonably be expected to know, that it would be used by the Board for the purposes of exercising its functions under this Order.

(2) Any person guilty of an offence under paragraph (1) is liable—

(a)on summary conviction, to a fine not exceeding the statutory maximum;

(b)on conviction on indictment, to a fine or imprisonment for a term not exceeding two years, or both.