Automated Identification and Deconstruction of Penalty Clauses in Regulation

Regulations are often complex and therefore difficult to understand. Violations are known to occur oftentimes because of this lack of understanding. Regulations contain penalty clauses that impose some kind of punitive measures on the defaulting party in case of non-compliance. In this paper, we present a model for extracting and deconstructing penalty clauses. The model allows for capturing the e...