Without prejudice to the right of the aggrieved parties to have recourse to the courts, if it is established that any person has breached the provisions of Article [299] of this Decree Law or the resolution issued by the SCA in this respect, the SCA may impose any of the following administrative sanctions: 1. To send a notice of the violation and grant the violator a time limit for correction according to the mechanism determined by the SCA. 2. To deprive the violator of running for candidacy to membership of the board of directors of the target company of acquisition until the correction is made or the action determined by the SCA is taken. 3. To suspend or invalidate the membership of the violator if they are a director of the company. 4. To deprive the violator of voting at the meetings of the General Assembly, within the extent of such violation. 5. Any other administrative sanctions determined by the SCA.
Interpretation and application must be checked against the official text and current version.