147—Misrepresentations about things authorised by this Part
(1) A person must not
take action—
(a) with
the intention of giving the impression; or
(b)
reckless as to whether the impression is given,
that the doing of a thing is authorised by this Part if it is not so
authorised.
Maximum penalty:
(a) in
the case of an individual—$10 000;
(b) in
the case of a body corporate—$50 000.
(2) Subsection (1)
does not apply if the person reasonably believes that the doing of the thing
is authorised.