; regulations; penalties (a) Implementation The President is authorized to exercise all authorities provided to the President under the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ) to carry out the purposes of this Act. (b) Regulations The President shall issue such regulation, licenses, and orders necessary to carry out this Act. (c) Penalties (1) In general A person that violates, attempts to violate, conspires to violate, or causes a violation of this Act or any regulation, license, or order issued to carry out this Act shall be subject to the penalties set forth in subsections (b) and (c) of section 206 of the International Emergency Economic Powers Act ( 50 U.S.C. 1705 ) to the same extent as a person that commits an unlawful act described in subsection (a) of that section. (2) Use of amounts Notwithstanding any of the provision of law, amounts received from penalties imposed pursuant to paragraph (1) may be used to carry out the purposes of this Act. 4. Termination (a) In general This Act shall terminate on the date that is 120 days after the date on which the President determines and certifies to the appropriate congressional committees that hostilities between the Russian Federation and Ukraine have ceased. (b) Definition In this section, the term appropriate congressional committees means the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate.