12. Facts and circumstances affecting duty to be set out in instruments
All the facts and circumstances affecting the liability of any instrument to duty, or the amount of the duty with which any instrument is chargeable, are to be fully and truly set out in the instrument; and every person who, with intent to defraud Her Majesty—
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(a) executes any instrument in which all the said facts and circumstances are not fully and truly set out; or
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(b) being employed or concerned in or about the preparation of any instrument, neglects or omits fully and truly to set out therein all the said facts and circumstances,
shall incur a fine not exceeding $50.