Section 125 — Counterfeiting documents

A person that—

(a) counterfeits of falsifies any document which is required by or for the transaction of any business under this Act or any other relevant tax law;

(b) knowingly accepts, receives or uses any document so counterfeited or falsified;

(c) alters any such document after it is officially issued; or

(d) counterfeits any seal, signature, initial or other mark of, or used by, any officer for the verification relating to tax, is liable to an administrative penalty of ₦1,000,000.00 and on conviction, to imprisonment not exceeding 3 years or fine of ₦1,000,000.00 or to both such fine and imprisonment.