What are the penalties if a company does not comply with the new offset regulation?
Pursuant to the Defense Production Act (50 U.S.C. App. 2155), willful violation of the offset regulation may result in punishment by fine or imprisonment, or both. The maximum penalty is a $10,000 fine, one year in prison, or both. The U.S. Government may also seek an injunction from a court to prohibit the continuance of any violation of, or to enforce compliance with, the Defense Production Act.
