Penalties for failure to file statement or rendering false or fraudulent statement.
Section 10
SEC. 10. Penalties for failure to file statement or rendering false or fraudulent statement. – Any individual required to file the statement of assets, liabilities and net worth under this Decree who knowingly makes a false declaration or who deliberately fails or comply with any of the provisions hereof, shall upon conviction pay a fine of not less than Five Thousand Pesos (P5,000.00) and imprisonment of not less than two (2) years.