57. Every person who fails(1) to update a register provided for in this Regulation, to enter a document or information in such a register or to sign or have signed an entry in the register,
(2) to send to the Minister the declaration provided for in section 54, 55 or 55.1 within the time and in the manner and form prescribed by that section,
commits an offence and is liable to a fine of $2,000 to $100,000 in the case of a natural person and a fine of $6,000 to $600,000 in any other case.