Offences by Fund member

An officer or director of a Fund member who– (a) willfully destroys or conceals from the Corporation any material information relating to the affairs of the Fund member; (b) provides false or misleading information to the Corporation; or (c) falsifies or tampers with accounts, records, papers or documents of the Fund member with the intent to mislead the Corporation, commits an offence and is liable on summary conviction to a fine of seventy five thousand dollars or to a term of imprisonment of two years, or to both such fine and term of imprisonment.