Crimes and Penalties Law

Article 7 — Article (7)

Book One: General Provisions · Section One: Introductory Provisions

Public funds in accordance with this Law shall be: 1. Funds owned, in part or in whole, by a federal or local authority, a federal or local public entity and corporation, a company partially or wholly owned by the federal government or the local government, or an association or public benefit institution. 2. Any funds that are subject to the management or supervision of one of the entities provided for in Paragraph (1) of this Article or if such an entity has the right to utilize them and benefit therefrom. 3. Funds owned by any other entity that this Law stipulates that its funds are considered public funds.

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