147.— (1) A liable person, or a person acting under the authority of the liable person, shall, without prejudice to any other penalty to which the person may be liable, be liable to a penalty under this section if the person knowingly—

(a) makes any false statement or false representation, or

(b) delivers an incorrect return,

for the purpose of obtaining—

(i) any reduction in local property tax payable by the liable person,

(ii) a repayment of local property tax paid by the liable person, or

(iii) a deferral in accordance with Part 12 .

(2) The penalty imposed by subsection (1) shall be—

(a) the amount of local property tax which would have been payable had a false statement or a false representation not been made or an incorrect return not been delivered, as the case may be, or

(b) the amount of local property tax in respect of which a deferral is claimed in accordance with Part 12 .

(3) The penalty imposed by subsection (1) shall not exceed €3,000.