Section 4
SEC. 4. Any person required to file the statement under Presidential Decree No. 379, as amended, who knowingly makes a false declaration or who deliberately fails to file or to comply with any of the provisions thereof shall upon conviction pay a fine of not less than one thousand pesos, but not more than five thousand pesos, and imprisonment of not less than six months, but not more than two years. However, failure to file the statement not due to willful neglect, shall be punishable by a fine of not more than one thousand (Pl,000.00) pesos and imprisonment of not more than six months. SEC. 5. Any law, decree, rules and/or regulations contrary to or inconsistent herewith are deemed repealed, modified or amended accordingly.