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Liability of legal persons

ARTICLE (37)‎
LIABILITY OF LEGAL PERSONS

Legal persons shall be criminally liable if any of the crimes, provide for, ‎under this Act is committed under their names, to their account, benefit ‎or was a result of gross negligence, consent, cover- up of any of the ‎members of the board of directors or any other official of such legal ‎person, or any other person acting in such a capacity.‎

The penalty for legal persons shall be punished by double the maximum ‎and lower limits of fines, as provided for under the provisions this Act.‎Legal person’s liability shall not prejudice the liability of natural ‎persons, in accordance with the provisions of this Act.‎

Last Update: Monday 28 April 2014