Saving Gateway Accounts Bill

The end is in sight; this is the last amendment that I shall move—in Committee. Clause 19 deals with penalties for the provision of incorrect information. Subsection (1) imposes a penalty if a person deliberately makes an incorrect declaration when they open a saving gateway account. Subsection (2) allows the imposition of penalties on both account providers and account holders if they make incorrect statements or provide incorrect information, either deliberately or carelessly. My amendment adds the words "or carelessly" to subsection (1) on a probing basis to find out why the Government have framed the penalty clauses differently. I could not see the rationale for the difference between the subsection (1) and subsection (2) penalties, so I invite the Minister to explain it to the Committee. I beg to move.