s 67 False statements regarding membership, insured deposits and insured policies
67.—(1) No person may, knowingly or recklessly, make a false or misleading statement as to whether or not —(a) any person is a DI Scheme member; (b) any person is a PPF Scheme member; (c) any deposit or product is an insured deposit; or (d) any policy is an insured policy. (2) Any person who contravenes subsection (1) shall, even though a contract does not come into being, be guilty of an offence and shall be liable on conviction to a fine not exceeding $125,000 or to imprisonment for a term not exceeding 3 years or to both and, in the case of a continuing offence, to a further fine not exceeding $12,500 for every day or part of a day during which the offence continues after conviction.