Section 20: Offences and penalties.

(1) Any person who, for the purpose of procuring the registration of any name, qualification or other matter-
(a) makes a statement which he believes to be false in a material particular; or
(b) recklessly makes a statement which is false in a material particular commits an offence.
(2) If on or after the coming into force of this Act, any person who is not a member of the Institute practises or holds himself out to practise as a marketer for, or in expectation of reward or takes or uses any name, title, addition or description, implying that he is in practice as a marketer, he commits an offence.
(3) In the case of a person falling within section 16 of this Act-
(a) the provision of subsection (2) of this section shall not apply in respect of anything done by him during the period of three months mentioned in the section; and
(b) if within that period he duly applies for, membership of the Institute then unless within that period he is notified that his application has not been approved, the provision of subsection (2) of this section shall not apply in respect of anything done by him between the end of that period and the date on which he is enrolled, or registered or notified as aforesaid.
(4)
If the Registrar or any other person employed by or on behalf of the Institute willfully makes any falsification in any matter relating to the Register, he commits an offence.
(5) A person who commits an offence under this section shall be liable-
(a)
on summary conviction to a fine not exceeding N10,000.00; or
(b) on conviction or indictment, to a fine not exceeding N10,000.00 or to imprisonment for a term not exceeding two years, or to both such fine and imprisonment.
(6) Where an offence under this section which has been committed by a body corporate is proved to have been committed with the consent or connivance of, or be attributable to any neglect on the part of any director, manager, secretary or other similar officer of the body corporate, or any person purporting to act in any such capacity, he as well as the body corporate shall be deemed to have committed that offence and shall be liable to be proceeded against and punished accordingly.