UAE Anti-Commercial Fraud Law

Article 20 — Article (20) Liability of the Person in Effective Management of a Legal Person

Penalties and remedies

1. The person responsible for the effective management of an offending legal person is subject to the same penalty prescribed in Articles 17 and 18 if that person is proved to have known of the offence and failed to take the necessary measures, or if a serious breach of management duties contributed to the offence. 2. That manager is jointly liable with the legal person for payment of fines imposed where the offence was committed by an employee of the legal person in its name or for its benefit.

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