The provisions of section 14 of this Act shall, during such period as may from time to time be approved by the Minister on the recommendation of the Commission in that behalf, apply to any sale in New Zealand of greasy wool sold otherwise than at an approved auction sale if—

Any person who, for the purpose of obtaining a supplementary payment under section 14 of this Act, in any return, certificate, or document under this Act or regulations under this Act, wilfully makes a statement false in any material particular knowing it to be false, or who, with intent to defraud, fails to disclose to the Commission that any wool in respect of which a supplementary payment is claimed or paid is not eligible for that payment, commits an offence and shall be liable on summary conviction to imprisonment for a term not exceeding twelve months or to a fine not exceeding five thousand dollars, or to both.”