Depending on how severe the situation is, the penalty for failure to meet legal obligations on electrical appliance safety can be as high as 2 year’s imprisonment, as well as unlimited financial penalty. Of course, we are not judge or jury so these figures may have changed/may change. 

Don’t take the risk to save a little bit of money, at the end of the day you are obligated as an employer or business owner to provide a duty of care to your employees and the public