The owner of a ship is guilty of an offence if the ship's oil record book--
(a) is not retained on the ship until at least the expiration of a period of one year after the day on which the last entry was made in the book, and
(b) is not made readily available for inspection at all reasonable times until at least the expiration of that period.
: Maximum penalty--(a) in the case of an individual--$22,000, or(b) in the case of a corporation--$110,000.
Editor's note : See Regs 17.6 and 36.7 of Annex I of MARPOL.