Canada Student Loans Act

Marginal note:False statement or information

• 18 (1) Every person who, in respect of a guaranteed student loan, knowingly makes any false statement or misrepresentation, including by omission, in an application or other document or knowingly provides any false or misleading information, including by omission, is guilty of an offence under this Act and liable on summary conviction to a fine not exceeding $1,000.

• Marginal note:Limitation period

  (2) A prosecution for an offence under this Act may not be instituted later than six years after the time when the subject matter of the complaint arose.