Offences and Penalties

(1) Where the CFZMA establishes that a CFZ developer has breached any of the provisions of the Act or of these Regulations, the CFZMA may impose a fine of three thousand dollars (Bz$3,000.00) for the first such breach, on the said CFZ developer, and for any subsequent breach, the CFZMA may impose a fine of five thousand dollars (Bz$5,000.00) on such developer. (2) If the CFZMA finds that a continuing pattern of such violations has occurred and that the alleged violator will not comply with the applicable requirements in the future, the CFZMA may after proper notice and hearing revoke the 32 Free Zones Certificate of Designation whereupon the Developer shall cease to be eligible for any of the benefits under the Act. (3) Where the CFZMA establishes that a CFZ business has breached any of the provisions of the Act or of these Regulations, the CFZMA may impose a fine of two thousand dollars (Bz$2,000.00) for the first such breach on the said CFZ business, and for any subsequent breach, the CFZMA may impose a fine of three thousand dollars (Bz$3,000.00) on such (4) All fines shall be paid to the Office of the CEO of a CFZ.