Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 October 1997 - onwards
  Version 2 of 2    

175. Furnishing false information etc.

(1) Any person who, in purported compliance with any provision made by or under this Act -

(a) provides an answer or explanation, makes a statement or produces or delivers any return, certificate, balance sheet or other document which is false in a material particular and which he knows to be so false, or

(b) recklessly provides an answer or explanation, makes a statement or produces or delivers any return, report, certificate, balance sheet or other document which is false in a material particular,

shall be guilty of an offence.

(2) If the court by which a person is found guilty on indictment of an offence under subsection (1) is of the opinion that any act, omission or conduct which gave rise to that offence has -

(a) substantially contributed to a credit union being unable to pay its debts, or

(b) prevented or seriously impeded the orderly winding up of a credit union, or

(c) substantially facilitated the defrauding of creditors of a credit union or of any other person,

then, in pla