Offences

Any person who, (a) being an applicant for a grant, loan or advance under this Act, knowingly fails to 18 disclose any material information, or knowingly makes a statement which he knows to be false or does not believe to be true; (b) applies any grant or loan or part thereof made to him under this Act to any purpose other than that for which the grant or loan was made, commits of an offence and is liable on summary conviction to a fine not exceeding one thousand dollars or to imprisonment for a term not exceeding twelve months.