RTA · Business Corporations Act
Part 19 — Remedies, Offences and Penalties
251 Offences relating to reports, returns, etc.
notice or other document required by this Act or the regulations to
be sent to the Registrar, the Executive Director or any other person
or filed with the Executive Director that
(a) contains an untrue statem ent of a material fact, or
(b) omits to state a material fact required in it or necessary to
make a statement contained in it not misleading in the light
of the circumstances in which it was made,
RSA 2000
is guilty of an offence and liable to a fine of not more than $5000
or to imprisonment for a term of not more than 6 months or to both.
(2) If a body corporate contravenes subsection (1), then, whether
or not the body corporate has been prosecuted or convicted in
respect of the contravention, any director or officer of the body
corporate who knowingly authorizes, permits or acquiesces in the
contravention of subsection (1) is guilty of an offence and liable to
a fine of not more than $5000 or to imprisonment for a term of not
more than 6 months or to both.
(3) No person is guilty of an offence under subsection (1) or (2) if
the untrue statement or omission was unknown to the person and in
the exercise of reasonable diligence could not have been known to
the person.
1981 cB-15 s243;1988 c7 s3;1995 c28 s64