Queensland Consolidated Acts Queensland Consolidated Acts(1) This section applies to an employee of a corporate entity in the exercise of the powers, and the discharge of the responsibilities, of an employee of the corporate entity.
(2) An employee of a corporate entity commits an offence if the employee gives information (either orally or in a document) about the corporate entity's affairs, that the employee knows is false or misleading in a material particular, to any of the following persons—
(a) another employee of the corporate entity;
(b) the corporate entity's shareholder;
(c) the corporate entity's local government;
(d) a councillor of the corporate entity's local government.
Maximum penalty—
(a) if the offence was committed with an intent to defraud—500 penalty units or 5 years imprisonment; or
(b) otherwise—100 penalty units.
(3) However, the employee does not commit an offence in relation to information in a document if, when the employee gives the document to the other person—
(a) the employee tells the other person that the document is false or misleading, and in what respect the document is false or misleading; and
(b) if the employee has, or can reasonably obtain, the correct information—the employee gives the other person the correct information.