(1) A person shall not —
(a) obtain a loan from the Bank by means of any false representation which he or she knows or believes to be false or does not believe to be true;
(b) wilfully apply any loan or part thereof for any purpose other than the purpose for which the loan was made;
(c) use or permit to be used, except with the consent in writing of the Bank, any land, building or erection on the security of which a loan has been made for any purpose other than the purpose for which the loan was made; or
(d) obstruct or cause to be obstructed whether by force or threat or in any other manner any officer, inspector or agent in the exercise of his or her functions under this Act.
(2) A person who contravenes subsection (1) commits an offence and is liable on summary conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 3 months or to both such fine and imprisonment.
(3) Except for the purpose of the performance of his or her duties or the exercise of his or her functions or when lawfully required to do so by any court or under the provision of any law, a director or an officer shall not disclose to any person any information which he or she has acquired in the performance of his or her duties or the exercise of his or her functions.
(4) A person who contravenes the provisions of subsection (2) commits an offence and is liable on summary conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 3 months or to both such fine and imprisonment.