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Article (144)

Fed Law 14/2018 Issued on 1/10/2018

Whoever contravenes the Central Bank’s instructions regarding deficiency in the financial position, referred to in Article (116) of this decretal law, shall be punished by imprisonment for a term not less than one (1) year, and a fine of not less than one million (1,000,000) Dirhams and not exceeding ten million (10,000,000) Dirhams, or by either of these two punishments.