1. Without prejudice to any more severe penalty prescribed by another law, every legal person whose representatives, directors, or agents have, on its behalf or in its name, committed the Crimes of Money Laundering, Financing of Terrorism, or Proliferation Financing, shall be punished with a fine of not less than five million dirhams (AED 5,000,000) and not exceeding one hundred million dirhams (AED 100,000,000), or an amount equivalent to the value of the Criminal Property involved; whichever is greater. 2. Every legal person whose representatives, directors, or agents have, on its behalf or in its name, committed any of the offences punishable under Articles (28), (29), (30), (32), (33), (34), or (35) hereof, shall be punished with a fine of not less than two hundred thousand dirhams (AED 200,000) and not exceeding ten million dirhams (AED 10,000,000). 3. In case of conviction of the legal person for the Financing of Terrorism or the Proliferation Financing, the Court shall order its dissolution and the closure of the premises wherein its activity is conducted. 4. The Court may, in case of conviction of the legal person for the Crime of Money Laundering, or in the event of violation of Article (10) of this Decree by Law, order its dissolution and the closure of its premises. 5. In the cases where any of the Crimes referred to in Clauses (1) and (2) of this Article are committed, the person responsible for the actual management of the legal person shall be punished by imprisonment and a fine, or by either of the two penalties, if it is proven that they were aware thereof and that the commission of such Crime was due to their breach of the duties of their position. 6. The Court, upon pronouncing a conviction, may order the publication of a summary of the judgment by appropriate means, at the expense of the convicted person.
Interpretation and application must be checked against the official text and current version.