Section 26: Offence and penalty.

(1) It shall be an offence punishable under this Act for any company to fail to comply with any provisions of this Act.
(2) Any company which fails to comply with the provisions of this Act, shall be liable to a fine of not less than N50,000 or fifteen per cent of the C.I.F. value of the freight transported or loaded, whichever is higher.
(3) Any fine imposed pursuant to this section, shall be paid to the Federal Government.