S.L. 545.6 Art. 6Penalty.

(1) Every user who fails to inform the Corporation as prescribed in regulations 3 and 4, or who submits incorrect, incomplete or false information, shall be guilty of an offence and shall be liable to a fine (multa) of not less than nine thousand and three hundred and seventeen euro and forty-nine cents (€9,317.49) but not exceeding eighteen thousand and six hundred and thirty-four euro and ninety-nine cents (€18.634.99) and to the confiscation of the drilling rig.

(2) Such fine shall be payable within a period of time as the Court in passing sentence shall direct.

(3) Such fine and confiscation shall be over and above, and in addition to, any other punishment for which he would be liable under any other law or regulation.