Payment and Settlement Systems (Oversight) Act · s 52

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s 52Offences under this Part

Any person who —

(a)

without reasonable excuse refuses or fails to comply with an order under section 51(1)(b), (c) or (d);

(b)

in purported compliance with an order made under section 51(1)(b) or (c), furnishes to the Authority or transmits to a regulatory authority any material or copy thereof known to the person to be false or misleading in a material particular; or

(c)

in purported compliance with an order made under section 51(1)(d), makes a statement to the Authority that is false or misleading in a material particular, is guilty of an offence and liable on conviction to a fine not exceeding

$10,000, imprisonment for a term not exceeding 2 years or both.