(1) An information required to be recorded, notified, communicated or reported pursuant to a requirement of this Act shall be true, complete and correct.

(2) A licence, certificate registration or any other document required to be obtained under this Act shall be obtained and held in its original and correct form as required under this Act.

(3) A change of circumstances which has the effect of rendering the information or documentation false, incomplete or misleading shall be notified to the appropriate authority immediately.

(4) A person who contravenes subsection (1), (2) or (3) commits an offence and is liable on summary conviction to a fine not exceeding

(a) $100,000 in respect of a local industrial or semi-industrial fishing vessel or a foreign fishing vessel, or

(b) five hundred penalty units in any other case.