Section 29: Duty of employers.

(1) From the commencement of this Act, every prospective employer shall have a duty to enquire from the Fund and be satisfied as to the student loan status of persons they employ.
(2) An employer who is informed that its employee is a beneficiary of student's loan from the Fund who has not completed repayment, shall provide such information as the Fund may require, to initiate collection of the loan and charges from the beneficiary.
(3) An individual employer or a director or officer of a corporate employer who contravenes subsection (1) commits an offence and is liable on conviction to a fine of at least N2,000,000 or imprisonment for a term of at least one year or both.