Section 4
SEC. 4. Any violation of this Decree or the Rules and Regulations which shall be issued pursuant thereto shall result in the cancellation of the Certificate of Philippine Registry of the vessel or payment of a fine not exceeding FIVE THOUSAND PESOS (P5,000.00), for vessels engaged in domestic trade and TEN THOUSAND PESOS (P10,000.00), for vessels engaged in overseas trade, or both such cancellation and fine, at the discretion of the Maritime Industry Authority.