Section 13: Offences and penalties.

(1) Any person found guilty of an offence under this Act for which no penalty is provided shall upon conviction be liable to a fine of N15,000 or to imprisonment for a term not less than three years and not exceeding five years or to both such fine and imprisonment.
(2) Where an offence under this Act is committed by a body of persons-
(a) in the case of a body corporate, every director or officer of that body shall be deemed to be guilty of the offence;
(b) in the case of a partnership or other association, every partner or officer of that body shall be deemed to be guilty of the offence.
(3) No person shall, however, be deemed to be guilty of an offence under subsection (2) of this section, if he proves to the satisfaction of the court that the offence was committed without his consent and that he exercised all due diligence to prevent the commission of the offence having regard to all the circumstances.