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<h1>Failure to furnish information triggers penal fines for omission or wilful falsification, with additional daily penalties for continuing defaults.</h1> Failure to furnish required information or returns without reasonable cause, or wilfully furnishing information or returns known to be false, is a punishable offence carrying a monetary fine and, where the offence continues, additional daily penalties capped by an overall limit; the provision treats continued non-compliance as a continuing offence attracting daily liability after the first day.