Section 15: Penalties for False Returns, Obstructions, etc.

(1) If any person required to furnish returns pursuant to section 14 of this Act fails to furnish those returns as required thereunder he is guilty of an offence and liable on conviction to a fine of N2,000 or to imprisonment for a term of six months or to both such fine and imprisonment.
(2) If a person in purported compliance with a requirement to furnish returns as aforesaid, knowingly or recklessly makes any statement in the returns which is false in a material particular, he shall be guilty of an offence and liable on conviction to a fine of N1,000 or to imprisonment for a term of six months or to both such fine and imprisonment.
(3) Any person who-
(a) wilfully obstructs any employee of the National Office acting in the execution of his duties under this Act; or
(b)
without reasonable cause fails to give any such employee acting as aforesaid any information or other assistance which such employee may reasonably require of him for the purposes of the performance by such employee of his functions under this Act, or of any subsidiary legislation made hereunder,
is guilty of an offence and liable on conviction to a fine of N1,000 or imprisonment for a term of six months or to both such fine and imprisonment.