Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
penalties |
knowingly |
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Summary:
FCA found that a penalty could be imposed under section 33(1) of the Act only if the claimant had "knowingly" made a false or misleading statement. This meant that a penalty could not be imposed on a claimant who had made a false statement unless it was deemed that the claimant had acted in bad faith, i.e. dishonestly, in that case.
Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
penalties |
misrepresentation |
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|
Summary:
FCA found that a penalty could be imposed under section 33(1) of the Act only if the claimant had "knowingly" made a false or misleading statement. This meant that a penalty could not be imposed on a claimant who had made a false statement unless it was deemed that the claimant had acted in bad faith, i.e. dishonestly, in that case.
Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
penalties |
applicability |
|
|
Summary:
FCA found that a penalty could be imposed under section 33(1) of the Act only if the claimant had "knowingly" made a false or misleading statement. This meant that a penalty could not be imposed on a claimant who had made a false statement unless it was deemed that the claimant had acted in bad faith, i.e. dishonestly, in that case.
Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
penalties |
charter |
|
|
Summary:
FCA found that a penalty could be imposed under section 33(1) of the Act only if the claimant had "knowingly" made a false or misleading statement. This meant that a penalty could not be imposed on a claimant who had made a false statement unless it was deemed that the claimant had acted in bad faith, i.e. dishonestly, in that case.