Investor Compensation Act, 1998

Amendment of section 79 of Act of 1995.

69.—Section 79 of the Act of 1995 is hereby amended—

(a) in subsection (1) by the insertion of “28(5),” before “30”, and

(b) by the deletion of subsection (7) and the substitution of the following subsection:

“(7) A person who, in purported compliance with any provision of this Act or any regulation made thereunder—

(a) provides an answer or explanation, makes a statement or produces, lodges or delivers any return, report, certificate, balance sheet or other document false in a material particular, knowing it to be false, or

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

(c) knowingly withholds or omits information,

shall be guilty of an offence.”.