Part 4

Inquiries and information

Information

Failure to provide information etc.
49
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.