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The Law On The Supervision Of Financial Enterprises Etc. (Financial Supervision)

Original Language Title: Lov om tilsynet med finansforetak mv. (finanstilsynsloven)

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Law of the Department of Financial enterprises mv. (the financial vision law).

Date LO-1956-12-07-1
Ministry of Treasury
Last modified LO-2015 -12-04-96 from 01.01.2016
Published ISBN 82-504-14802
Istrontrecation 07.12.1956
Changing
Announcement
Card title The Financial Visibility Financial Statll.

Lovens title modified by laws 7 June 1985 # 47, 23 apr 1999 # 20 (ikr. 1 July 1999 ifg. res. 23 apr 1999 # 392), 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 10 apr 2015 # 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350). -Jof. former laws 4 apr 1924 # 2 kep. 6, 4 July 1924 Section 2-5, 11 aug 1924 # 5.

Section 1.Access for this law is brought by :
1. banks,
2. credit enterprise,
3. funding enterprise,
4. payment enterprise
5. -monetary enterprise,
6. pest insurance enterprises, herding foreign claims insurance enterprises general agent (main agent) in Norway, and reinsurance enterprises,
7. life insurance enterprises, heralded foreign life insurance company's general agent (main agent in Norway),
8. credit insurance enterprises,
9. entry-gun enterprise,
10. sea welfare team,
11. private, municipal and county unical pension and pension funds as well as Norway's Banks pension fund,
12. insurance service enterprises,
13. loan service enterprises,
14. regulated markets,
15. value paper registers,
16. securities enterprises and other enterprises that run business in connection with securities trade, as well as with the overholding of the provisions of the securities trade given in or in co-law,
17. Auditors and audit companies that are approved by the Auditor Act,
18. authorized accounting drivers and accounting drivers,
19. The branch of foreign credit institution is barely applicable to business being driven here in the realm,
20. foreign financial enterprises representative offices in Norway,
21. other enterprises as far as it follows of regulations in or in co-hold of special law, and
22. other enterprises, when it is determined by individual ordinance in the co-hold of law.

When an enterprise mentioned in the first clause is part of a corporation, it shall be taken supervision following this law also with other enterprises in the Concern. When the regulatory consideration dictates that, this also applies to the part of the business of enterprises in the corporation not otherwise retaken by this law.

The vision of this law also is brought with foreign enterprises equivalent to enterprises as mentioned in the first clause, or operates business corresponding to business as mentioned in the first clause, and foreign enterprises corresponding to the Management Company of the Value Paper Foundation and enterprises that convey financial services in the extent that the enterprise operates business here in the realm.

Rules of the enterprises in this law receive equivalent of physical people as mentioned in the first clause.

The king can in regulation or by individual ordinance make exceptions from the paragrafen here.

0 Modified by laws 24 May 1961 # 1, 24 May 1961 # 2. 11 June 1976 # 71, 25 March 1977 # 14, 15 des 1978 # 84, 8 June 1984 # 49, 7 June 1985 # 47, 10 June 1988 # 40, 17 June 1988 # 58, 9 June 1989 No. 28, 15 June 1990 # 19, 5 June 1992 # 51, 3 July 1992 No. 1 97 (ikr. 6 sep 1996), 4 des 1992 # 123 (ikr. 1 jan 1994), 20 des 1993 # 140 (ikr. 1 jan 1994), 4 Nov 1994 # 59, 28 June 1996 # 46 (ikr. 1 July 1996), 22 Nov 1996 # 67 (ikr. 1 des 1996), 7 June 1996 # 25 (ikr. 31 des 1996), 15 jan 1999 # 2 (ikr. 1 aug 1999 ifg. Research. 25 June 1999 # 711), 18 June 1999 # 42 (ikr. 22 June 1999 ifg res. 18 June 1999), 17 Nov 2000 # 80 (ikr. 31 March 2001 ifg Research. 30 March 2001), 15 June 2001 No. 41 (ikr. 1 jan 2002 ifg. Research. 29 June 2001 No. 742), 5 July 2002 # 64 (ikr. 1 jan 2003 ifg Research. 20 des 2002 # 1627), 10 des 2004 # 81 (ikr. 1 jan 2005 ifg. res. 10 des 2004 # 1610), 10 June 2005 # 41 (ikr. 1 jan 2006 ifg. res. 9 des 2005 # 1414), 10 June 2005 # 44 (ikr. 1 July 2006 ifg res. 30 June 2006 # 776), 30 June 2006 # 38 (ikr. 1 July 2006 ifg res. 30 June 2006 # 773), 29 June 2007 # 75 (ikr. 1 nov 2007 ifg. res. 29 June 2007 # 752), 14 March 2008 No. 6 (ikr. 1 July 2008 ifg res. 14 March 2008 No. 250), 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 4 June 2010 # 20 (ikr. 1 July 2010 ifg. res. 4 June 2010 # 771), 10 apr 2015 number 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350).
Section 2.Tilvision is being carried by the SEC. The king can give closer regulations on the conduct of the company.

The SEC is led by a rule of five members. The members and commodity members are appointed by the King. The king outpoints the board's leader and deputy leader. The Director of the SEC is anchored by the King for a period of six years. The board members and commodity members are appointed for a period of four years. The king can determine instruction for the Board.

By and among the staff, two members are selected to supplement the board of directors of administrative matters. The selection arrangement agreements in negotiations with the employees, and is determined in the absence of such agreement by the ministry.

Norway's Bank is supposed to have an observer on the board. The observer has the speech and the markup right, but not voting. The observer with proxy is appointed by the ministry after suggestions from Norway's Bank for a period of four years.

The SEC can engage state authority and registered auditors and persons with other plaintibility to carry out missions within the supervision of the Commission.

The vision can raise the selection to conduct self-employed scrutiny within the Regulations of the Board. The conduct of the company and the trust and officials of financial enterprises under supervision have the same information-alike opposite to such a selection that they have facing the Department of Health, jf. Section 3 other and third joints. As clause of the inquiry, the selection may require evidence of evidence at the courts after the court law Section 44. The selection of the election members has been sworn to secrecy as indicated in Section 7 fifth clause and must if otherwise be determined or provided by the uptake, follow the rules applicable to board members in the Department of Health.

The Ministry can determine that the spending on missions as mentioned in the previous two clauses, completely or partly to be refundable by the enterprises where missions have been conducted.

0 Changed by laws 18 June 1971 # 74, 11 June 1976 # 71, 7 June 1985 # 47, 25 oct 1991 # 74, 20 des 1993 # 140 (ikr. 1 jan 1994), 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 10 apr 2015 # 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350).
Section 3.Tilvision shall see that the enterprises it has supervised and reassuring manner in accordance with law and regulations granted in co-law as well as with the purpose that lies for the creation of law, its purpose and ordinance. The vision shall see that the enterprises under supervision in their business are taking care of consumers ' interests and rights.

The vision shall probe the rainfall and other tasks from enterprises and should otherwise do the research on their position and business that the Department of Health finds necessary. The company's duties at any time to provide any information that the Authority had to demand and to let the Board gain visibility into the control of the company's protocols, recorded accounting information, accounting material, books, documents, computers or other technical aid and material available by the use of such aid as well as the attitudes of any species.

If the disclosure of duty imposed by the enterprise by other clause cannot be met, the individual trust shall be imposed on individual trust and officials in the enterprise. The company is supposed to in such cases as the main rule is notified. Accountant can be placed to provide information that is set forth by the year accounting, the accounting scheme, the follow-type A to the salary and migratory tasks, audit protocol, and audit records.

0 Modified by laws 7 June 1985 # 47, 17 June 1988 # 58, 17 July 1998 No. 1 56 (ikr. 1 jan 1999), 17 Nov 2000 # 80 (ikr. 28 Feb 2001 ifg Research. 28 Feb 2001 # 198), 14 des 2012 No. 1 84 (ikr. 1 jan 2013 ifg. res. 14 des 2012 No. 1 1230), 10 apr 2015 number 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350).
Section 3 a. Accountant who revise the year-end accounting of enterprises as mentioned in Section 1 first clause duties immediately to report to the SEC any relationship regarding the business that this one gets knowledge of during the exercise of its audit business that can :
1. entail a violation of regulations that regulate the enterprise's business, if the violation can result in the recall of the enterprise's permission to run business,
2. damage the continued operation of the enterprise, or
3. cause the accounting of the accounts not to be approved or that it is taken.

The reporting duties after the first clause apply to the equivalent of conditions as the auditor gets knowledge of during the exercise of its audit business for enterprises that the enterprise under supervision has close ties with. With "close connections" means a situation where two or more physical or legal persons associated with each other at the

a) participation interest, i.e. by having or controlling at least 20 percent of a venture's voting after or capital, or
b) control, i.e. by a connection between a major enterprise and an undercorporation or by an equivalent connection between any physical or legal person and an enterprise. Control is considered the main rule to forage where people or enterprises own or control at least 20 percent of the stock or votes in the enterprise under supervision, and where the enterprise under supervision owns or controls at least 20 percent of the stock or the voices of an enterprise, or where enterprises are part of the same corporation as the enterprise under supervision. Any sub-enterprise of an underventure is also considered as a subsidiary of the main enterprise that stands in the tip of enterprises. A situation in which two or more physical or legal persons is durable connected to a person by the control is also considered a close connection between such people. The Ministry of Justice can give closer rules about what should be considered close to connections.

Relationships as auditor report in suit as good faith to the SEC shall not be deemed to be violated by law, regulation or agreement, and not subject to liability.

0 Added by law 20 des 1996 # 89 (ikr. 20 des 1996 and 1 apr 1997), modified by law 15 jan 1999 # 2 (ikr. 1 aug 1999 ifg. Research. 25 June 1999 # 711), 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 10 apr 2015 # 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350).
Section 4.Tilvision can impose the companies that it has supervised with :
1. to incorrect audit by the rules that the Board determines and to encorrect annual accounting and registration of accounting information in particular,
2. to incorrect its internment of the provisions of the provisions of the Board,
3. sending in tasks and information in the way the SEC determines and as the Authority believes it needs to be able to carry out its position, herding to statistical purposes, as well as sending such tasks and information to authorities in other states that leads supervision of equivalent enterprise as mentioned in Section 1 first clause,
4. to have a higher responsible capital than the legial minimum minimum requirements,
5. limiting overall credit to a customer to a lower amount than the statutory highest limit,
6. to change the composition of the control committee,
7. correcting on the relationship if enterprises did not maintain their duties in accordance with regulations granted in or in co-law, or acted in violation of consession terms. The same applies if the enterprises of the company have not been above regulation or internal guidelines determined by regulations granted in or in co-law,
8. to correct misconditions in the location of enterprises, and to inrightly its business so that it becomes compliant with the ordinance of law being done by Parliament, King, a ministry or Norway Bank.

By rules as mentioned in the first clause 1 can acrapavenes and general of the public minister's rules about auditing the absence of the

0 Changed by laws 4 June 1976 # 59, 7 June 1985 # 47, 10 June 1988 # 40, 17 July 1998 # 56 (ikr. 1 jan 1999), 17 Nov 2000 # 80 (ikr. 28 Feb 2001 ifg Research. 28 Feb 2001 # 198), 10 June 2005 # 43 (ikr. 1 jan 2006 ifg. res. 16 des 2005 # 1526), 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 10 apr 2015 # 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350).
Section 4 a, assuming the SEC, that someone who does not have the required permission, operates such business as being retaken by Section 1 first or third clause, the SEC can give the injunction to halt the business. If the SEC finds it necessary to determine whether it should be met by the first period, it may impose it as it assumes driver such business, to provide information about the business. Section 3 third clause applies to the equivalent. The order to provide information can also include an enterprise morcorporation or the morcorporation of the enterprise that the enterprise is part of, unless the enterprise is part of a corporation under supervision, jf. Section 1 other clause.
0 Added by law 15 jan 1999 # 3 (ikr. 1 Feb 1999 ifg. res. 15 jan 1999 # 22), 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603).
Section 4 b. The SEC can impose associated enterprises of, participating enterprises in and affiliated enterprises of a participating enterprise in an enterprise as mentioned in Section 1 first clause 1-3, 6, 7, 16 or 19 or with an equivalent foreign enterprise, providing the information that the Department of Health and which are necessary to conduct supervision of such enterprises. The same applies to enterprises subject to joint management with the enterprise or participating enterprises. The SEC can only correct such an injunction against enterprises that are not subject to supervision, if the SEC has asked the enterprise under supervision to obtain the information, and these are not issued.

As associated enterprises, subsidiaries and other enterprises in which the enterprise have a participation interest. As participating enterprises are considered morcorporation and other enterprises that have a participation interest in the enterprise.

0 Added by law 10 June 2005 # 43 (ikr. 1 jan 2006 ifg. res. 16 des 2005 # 1526), modified by laws 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 10 apr 2015 # 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350).
Section 4 c. Presak as mentioned in Section 1 is to report to the SEC by appointment of the agreement on the issue of contracting business, at subsequent modification of such agreement and by trade of mission holder. The message is to be given at least 60 days prior to the commitment of the agreement, the appointment change or the trade of the mission holder.

The SEC can set terms for the extradition or give the enterprise the injunction not to commit or to terminate the mission, if the Authority finds that the contracting occurs in a scope or in a way that cannot be deemed justifiable, The difficulty is making the public with the uncontracting business or with the enterprise's overall business, or is in violation of regulations given in or in co-law.

The SEC can at regulation or single-pass determine requirements for message after the first clause and can make exceptions from the flour duty.

0 Added by law 20 June 2014 # 29 (ikr. 1 July 2014 ifg ordinance 26 June 2014 No. 866), modified by law 10 apr 2015 # 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350).
Section 5.Tilvision can call together control, control committee, and representative or equivalent organs in enterprises that stand under supervision. In such meetings and in general public gatherings, the Authority can let themselves represent and put forward suggestions, but do not have the voting rights. The extraordinary General Assembly is not called upon when the Board of Health has asked the demands of it, the Board of Health may call in such a general assembly.

As the clause of his parole officer, the SEC may require evidence of evidence at the courts after the court law Section 44. Demand for evidence safeguards for the courthouse where those who are to be questioned live or be kept or realevidence to be investigated. By the way, the tweet applies Section 28-3 third clause and Section 28-4.

0 Modified by laws 7 June 1985 # 47, 17 June 1988 # 58, 4 des 1992 # 123 (ikr. 1 jan 1994), 17 June 2005 # 90 (ikr. 1 jan 2008 ifg res. 26 jan 2007 # 88) that changed by law 26 jan 2007 # 3. 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 10 apr 2015 # 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350).
Section 6.Overtrecation of provisions applicable to the enterprise the SEC has been supervising, can be reported to the prosecution or to the public authority that the case is specifically hearing during.

When the Department of Health in its probation worker is given suspicions that there are circumstances of association with the dividend of a criminal act or to the conditions that the Criminal Code of Criminal Code 18 shall be details of this overpass The central entity of investigation and address of economic crime and environmental crime, Economic Crime

0 Raised by law 7 June 1985 # 47, added again by law 4 des 1992 number 123 (ikr. 1 jan 1994), modified by laws 11 June 1993 # 76, 7 June 1996 # 30 (ikr. 1 jan 1997), 20 June 2003 # 41 (ikr. 1 jan 2004 ifg. pass 12 des 2003 # 1470), 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 19 June 2015 # 65 (ikr. 1 oct 2015), 10 apr 2015 number 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350), 4 des 2015 # 96 (ikr. 1 jan 2016 ifg. res. 4 des 2015 # 1399).
Section 7.Regulatory Board members and officials, herunder persons as mentioned in Section 2 fifth clause, are sworn in to unauthorized persons about it as they get knowledge of in their work on a customer's relationship. They also don't have to make use of it in the nutrition business. Tausheme's duties after this provision and management regulations do not apply to Norway's Bank, other EDS state central banks or regulatory authorities that lead supervision as mentioned in Section 1 first clause 1-4, 6, 7, 14, 16, 17 or 19, or supervision of the management company for securities fund. Tausheme's work is also not an obstacle to the SEC giving information to the stock market with permission following law 17. November 2000 # 80 about stock market m. Section 2-1, value paper register with permission of law 5. July 2002 # 64 about the registration of financial instruments Section 3-1 or settlement central with permission following law 19. June 1997 No. 79 about the value paper trading Section 6-1, about conditions necessary for the execution of these institutional legal tasks. The Ministry of Justice can give rules that the privilege should not apply to regulatory authorities from other than EDS countries when these leads supervision as mentioned in the third period. The Ministry of Health can further provide further regulations on the Financial Health exchange of information with the government and organs of the government and organs of the state of the government. Taushetspequally after this determination and management regulations also apply to persons and institutions outside the SEC receiving information subject to law-imposed secrecy from the SEC.

The Regulatory Board members and officials must not be employed or have paid work in or be with the Board of directors, representative or equivalent of organ in any enterprise under supervision.

The Commission's board members and the financial vision director shall give message to the ministry on loan granted by an enterprise under supervision, herunder branches of foreign enterprises. The officer's board members and the Financial Services Director shall give message to the ministry on bail that they are running for loans provided by an enterprise under supervision, herunder branches of foreign enterprises. The officer's officials should give the corresponding message of loan and bail to the Director of the SEC. The board members, the commodity members and the Regulations of the Board are going to post-closer rules given by the King in regulation, provide information on their own dealing with financial instruments and about the customer relationships they are dealing with enterprises that are subject to the Board of Health.

The parole board members and officials cannot own shares of or shares issued by enterprises under supervision. The same goes for the adhall of owning derivatives and other rights to financial instruments issued by enterprises under supervision. The Ministry can be dispensers from the ban.

The king may in regulation determine the ban on or other restrictions in the adage of the Regueship officials to erenlist or detenement bonds, stocks or other equity instruments noted in Norwegian stock or authorized market space, or derivatives or other rights to such. The provisions can also apply to trade in foreign names and bill. It can also be given regulations on employee duty to the reporting of transactions in financial instruments to the SEC or the Ministry of Finance, herding about the erstice and events of personal near-standing as mentioned in the Emergency Act Section 1-5 other clauses. The report terms associated with personal close-up may also include financial instruments issued by institutions under supervision, or derivatives to such.

The provisions of this paragraph apply to the equivalent of the board's commodity members, observers and observers of the observers.

0 Changed by laws 18 June 1971 # 74, 7 June 1985 # 47, 16 May 1986 # 21, 17 June 1988 # 58, 20 des 1993 # 140 (ikr. 1 jan 1994), 20 des 1996 # 89, 19 June 1997 No 79 (ikr. 1 des 1997), 5 July 2002 # 64 (ikr. 1 jan 2003 ifg Research. 20 des 2002 # 1627), 20 June 2003 # 45 (ikr. 1 July 2003 ifg res. 20 June 2003 # 712), 4 March 2005 # 11 (ikr. 4 March 2005 ifg. res. 4 March 2005 # 201), 10 June 2005 # 43 (ikr. 1 jan 2006 ifg. res. 16 des 2005 # 1526), 29 June 2007 # 75 (ikr. 1 nov 2007 ifg. res. 29 June 2007 # 752), 19 June 2009 # 60 (ikr. 1 July 2009 ifg res. 19 June 2009 # 706), 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 4 June 2010 # 20 (ikr. 1 July 2010 ifg. res. 4 June 2010 # 771), 11 apr 2014 # 12 (ikr. 1 July 2014 ifg res. 11 apr 2014 # 547), 20 June 2014 # 29 (ikr. 1 July 2014 ifg ordinance 26 June 2014 No. 866), 10 apr 2015 number 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350). -Jof. EES deal Attachment IX # 1 (dir 2009/138 species 64 to 70), No. 14 (dir /4//48 species 44-52), No. 30 (dir 2009/65 species 102) and no 31ba (dir 2004/39 species 54).
Section 8.Tilvision shall prepare all matters that come under its parole board when the decision is attributed to the King or a ministry.

The vision gives each year a message about its business to the person's ministry.

The vision is announcing every year an overview of the review and result of the periodic quality control, jf. The accounting law Section 5b-2.

0 Modified by laws 7 June 1985 # 47, 19 June 2009 # 60 (ikr. 1 July 2009 ifg res. 19 June 2009 # 706).
Section 9.Uttoxins at the Board shall be equalized on those institutions as according to Section 1 or other special lawhome is under supervision for the budget year. The expenditure is distributed on the various groups of institutions after the extent of the probation worker.

The expenditure of the Department of Law with the Overholding of Law 17 December 1999 # 95 about payment systems mv., equalized on the institutions as mentioned in the first clause following the size of the amounts following the dispatch after the first clause. Such expenses should still not be equalized on real estate companies and inkassoventure, auditors, audit companies or accounting drivers.

The expenditure of the Department of Regulations of the Regulations of the Regulations of the Government of the Government of the Government of the Government of the Department of Education is as mentioned in the first clause as well as on issuers as mentioned in the fifth clause. The judice of the institutions is happening after the size of the amounts after the dispatch after the first clause. The judice on the issuyou occurs after the size of the amounts after dispatch after fifth and sixth clause. Such expenses should still not be equalized on real estate companies, inkassoventure, auditors, audit companies, accounting and e-money enterprises.

The expenditure associated with the general work related to the infrastructure of the value paper market is equalized on institutions as mentioned in the first clause as well as on issuers as mentioned in the fifth clause. The judice of the institutions is happening after the size of the amounts after the dispatch after the first clause. The judice on the issuyou occurs after the size of the amounts after dispatch after fifth and sixth clause. Such expenses should still not be equalized on real estate companies, inkassoventure, auditors, audit companies, accounting and e-money enterprises.

Financial vision expenditures to control after law 29 June 2007 # 75 About Value Paper trading Section 15-1 third clause and to the complaint enclaynd after the same law Section 15-8 third joints shall be equalized on issuers of resettable securities noted on the regulatory market in EPS with Norway as home state.

Financial vision's expenses for control with prospecter after the value paper Trade Act chapter 7 equalized on issuers as mentioned in the fifth clause. Earnings from the fees related to the Financial Commission's enterprise exercise are coming to fragrant in the equalization of the liquidate group the fees refer to.

The Financial Commission's expenses for the grievances of the Auditor Act Section 9-2a third clause and accounting law Section 9 shall be equalized on auditors, audit companies, accounting companies and accounting drivers.

Financial vision expenditures to enforcement of law on mandatory service lenders of law on institutions that can offer mandatory service enactional arrangements.

The Ministry can give further regulation on

1. the calculation basis for the distribution of the expenses within the various groups of institutions, herunder the time of determining the calculation basis
2. what institutions to be deemed under supervision in the budget year
3. duty to pay fees for the Financial Visibility Treatment of Consession applications
4. determining the annual minimum and highest amounts that may be likable to the individual institution within each group of institutions.

The equalition of the outset contributions is the compullition of the outlay.

Financial vision expenses with enrollment liquidating enterprises by law on the management of alternative investment fund Section 1-4 shall be outsized on registered enterprises after Section 1-4.

0 Changed by laws 18 June 1971 # 74, 22 des 1978 No. 1 92, 14 May 1982 # 20, 18 March 1983 # 10, 8 June 1984 # 49, 7 June 1985 # 47, 9 June 1989 No. 28, 26 June 1992 No. 1 86, 20 des 1993 # 140 (ikr. 1 jan 1994), 15 jan 1999 # 2 (ikr. 1 aug 1999 ifg. Research. 25 June 1999 # 711), 17 Nov 2000 # 80 (ikr. 28 Feb 2001 ifg Research. 28 Feb 2001 # 198), 7 June 2002 # 17 (ikr. 17 June 2002 with effect for the settlement of 2001), 5 July 2002 # 64 (ikr. 1 jan 2003 ifg Research. 20 des 2002 # 1627), 20 June 2003 # 45 (ikr. 1 July 2003 ifg res. 20 June 2003 # 712), 10 des 2004 # 81 (ikr. 1 jan 2005 ifg. res. 10 des 2004 # 1610), 10 June 2005 # 41 (ikr. 1 jan 2006 ifg. res. 9 des 2005 # 1414), 21 des 2005 # 124 (ikr. 1 jan 2006), 10 June 2005 # 44 (ikr. 1 July 2006 ifg res. 30 June 2006 # 776), 30 June 2006 # 38 (ikr. 1 July 2006 ifg res. 30 June 2006 # 773), 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 4 June 2010 # 20 (ikr. 1 July 2010 ifg. res. 4 June 2010 # 771), 20 June 2014 # 28 (ikr. 1 July 2014 ifg res. 20 June 2014 # 785), 10 apr 2015 # 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350), 4 des 2015 # 96 (ikr. 1 jan 2016 ifg. res. 4 des 2015 # 1399).
Section 10.Tillits or officials in enterprises under supervision from the SEC and as intentional or negligent law or provision given with home in the law, punishable by fines or imprisonment up to 1 year or both, for as far as the relationship does not go in under any stricter penalty determination. Prepping it particularly display circumstances can jail up until 3 years of use. People, trust, or officials in enterprise as intentional or negligent cuts given with home in Section 4 a, are punishable in the same way.

If an injunction of the authority with home in provision granted in or in co-law is not resettled, the person of the ministry may decide that the people or the enterprise, the company's mother company or the morcorporation of the enterprise that the enterprise is a part of, which shall fulfill the injunction, shall pay a daily continuous multilayer to the relationship is fixed. The order of mulkt is the force basis for the outlay.

0 Modified by laws 7 June 1985 # 47, 17 June 1988 # 58, 20 July 1991 No. 1 66, 26 June 1992 No. 86 as modified by law 8 jan 1993 # 20, 15 jan 1999 # 3 (ikr. 1 Feb 1999 ifg. res. 15 jan 1999 # 22), 17 Nov 2000 # 80 (ikr. 28 Feb 2001 ifg Research. 28 Feb 2001 # 198), 19 June 2009 # 48 (ikr. 21 des 2009 ifg res. 18 des 2009 # 1603), 19 June 2015 # 65 (ikr. 1 oct 2015), 10 apr 2015 number 17 (ikr. 1 jan 2016 ifg. res. 10 apr 2015 # 350), 4 des 2015 # 96 (ikr. 1 jan 2016 ifg. res. 4 des 2015 # 1399).
SECTION 11.
IN. This law takes effect immediately.

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