175. In the case of a contravention of section 65 of the Act, the Minister reduces, refuses or ceases to pay a benefit by including in the benefit calculation the value of the rights, property or liquid assets on the date of the waiving of rights or the disposal or squandering of property or liquid assets, after subtracting the adequate consideration received and, for each month elapsed since that date and for not more than 2 years, an amount of $1,500.