For each violation of the regulations in this part, the owner, operator, agent, or other person involved is subject to the penalties prescribed in 46 U.S.C. § 3504.

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[CGFR 72-187R, 38 FR 9081, Apr. 10, 1973, as amended by CGD 95-028, 62 FR 51205, Sept. 30, 1997]