It Repealed - By Which Is Partially Added The Penal Code

Original Language Title: DEROGADO - Por la cual se adiciona parcialmente el Código Penal

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57 OF 1993

(July 23)

Official Journal No. 40,963 of 26 July 1993.

For which the Criminal Code is partially added

COLOMBIA CONGRESS

DECRETA:

ARTICLE 1o. Addition to the second book, Title VII, Chapter 1, of the Criminal Code with the following article to be inserted after Article 241:

" ARTICLE 241 A: Illicit exercise of monopolistic activity of rentistic arbitrage. In any way or using any means, it carries out an activity established as a monopoly of a profit-making arbitration, without subjection to the rules that the regulation will incur in terms of imprisonment of three (3) to five (5) years and the payment of a fine Ten (10) to 100 (100) minimum legal salaries.

" The penalty will be increased by a third party when this crime is committed by the individual who is a dealer, legal representative or legally authorized employer for the exploitation of a profitable monopoly, and up to half, if committed the punishable act is a public servant of any entity that holds a monopoly of a financial arbitration or whose object is the exploitation or administration of it. "

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ARTICLE 2o. This Law governs from its enactment.

The President of the Honorable Senate of the Republic,

TITO EDMUNDO RUEDA GUARIN.

The Secretary of the Honorable Senate of the Republic,

PEDRO PUMAREJO VEGA.

The President of the Honorable House of Representatives,

CESAR PEREZ GARCIA.

The Secretary of the Honorable House of Representatives,

DIEGO VIVAS TAFUR.

Republic of Colombia-National Government

Santafe de Bogota, D.C., twenty-three (23) de Julio

of a thousand nine hundred and ninety-three (1993).

Publish and execute.

CESAR GAVIRIA TRUJILLO

The Minister of Justice,

ANDRES GONZALEZ DIAZ.

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