Corporate insolvency
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      Corporations Act offences

      Certain actions or omissions by people subject to a corporate insolvency appointment can be subject to various offences.

       Non-Disclosure or Misrepresentation    $10,000 or 2 years or both  section 590(1) of the Corporations Act
      Knowingly Receiving property of company    $5,000 or 1 year or both  section 590(5) of the Corporations Act 
      Frauds by Officers of company    $10,000 or 2 years or both  section 596 of the Corporations Act
      Falsification of company books and records    $10,000 or 2 years or both  section 1307 of the Corporations Act
      Providing False or Misleading statement section    $20,000 or 5 years or both  section 1308 of the Corporations Act