Article (101)

FED LAW 6/2007 Effective from 15/2/2007

_{This article has been cancelled pursuant to the Federal Law No. (03) of 2018. To see the previous version, click on the version box below}

Version 1_{(effective from 15/02/2007 to 26/04/2018)}

A fine of no less than fifty thousand Dirhams and no more than two hundred fifty Dirhams shall be imposed on anybody who violated the provisions of Paras (1), (2), (3), (4), (5), (6), (9) and (10) of Article (23), Article (34) and Paras (1) and (5) of Article (36), and Article (37), and Article (40) and Article (116) of the law herein.

The same penalty shall be imposed on the liquidator who violated any of the obligations ordained on him according to the provisions of the law herein, and the regulations, rules, and directives issued pursuant thereto. The fine shall be doubled in case of repeating the violation.