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Article 169 provides for a term of imprisonment, and/or a fine of up to BD 20,000 for any DirectorG , manager, official or employee, who acts or permits an act in violation of Article 134 of the CBB Law, dealing with the effects of insolvency, where he knows (or should have known) that the licensee is insolvent.

Amended: January 2007
(2 Versions)
Up to Jun 30 2007Jul 1 2007 onwards
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