1. In the cases in which one of the crimes stipulated in this Chapter is committed, in the name and account of a legal person, the person responsible for the actual management thereof shall not be punished unless it is established that such person had knowledge of the crime, or committed it to achieve an interest for themselves or others. 2. In the event that a natural person's responsibility is not established as specified in Clause (1) of this Article, the legal person shall be punished with a fine that is not less than double the fine prescribed by law for the crime, but not exceeding (5) five times such fine. It is permissible to order the suspension of the legal person's license to practice its activity for a period not exceeding (6) six months, and in the event of recidivism, the license shall be revoked or the legal person shall be dissolved, as the case may be. The judgment shall be published at the expense of the legal person in two widely circulated daily newspapers published in the State, one in Arabic and the other in English, or in two electronic means of publishing to be specified by a decision issued by the Minister of Justice, one in Arabic and the other in English. 3. The penalties stipulated in Clause (2) of this Article do not preclude the imposing any subsidiary penalties stipulated by law. 4. The provisions stipulated in Clause (2) of this Article do not apply to licensed financial institutions subject to the aforementioned Federal Decree-Law No. (14) of 2018 or any other law that replaces it.
Interpretation and application must be checked against the official text and current version.
+7 (495) 221 31 46