17. The operator of a facility who, contrary to this Regulation, has failed to provide the Minister with a financial guarantee in accordance with the requirements prescribed by section 15 or 16,(1) may be imposed a monetary administrative penalty of $500 in the case of a natural person or $2,500 in all other cases;
(2) commits an offence and is liable to a fine of $2,500 to $250,000 in the case of a natural person or $7,500 to $1,500,000 in all other cases.