Registered Agents and Trustees Licensing Order, 2000 · s 38

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 38Any person who -

(a)

makes a statement, promise or forecast which he knows to be misleading, false or deceptive, or dishonestly conceals any materials facts; or

(b)

recklessly makes (dishonestly or otherwise) a statement, promise or forecast which is misleading, false or deceptive, shall be guilty of an offence if he makes the statement, promise or forecast or conceals the facts for the purpose of inducing, or is reckless as to whether it may induce, another person [whether or not the person to whom the statement, promise or forecast is made or from whom the facts are concealed) to act or rely on that statement, promise or forecast and shall be liable on conviction to a term of imprisonment not exceeding two years, a fine not exceeding one hundred and fifty thousand dollars or both.