(1) Persons who breach the principles of competition, equity in the treatment of applicants, transparency in procedures, and fair pricing set out in this decree and other instruments applicable to public contracts issued by public corporations shall be liable to sanctions provided for by the laws in force; especially those concerning the rights of the Treasury to safeguard public funds, the auditing of authorising officers, administrators and managers of public funds and State-owned companies, without prejudice to the annulment of the said contracts, as well as any disciplinary and legal proceedings.
(2) Any breach of the provisions of this decree shall be considered as misappropriation of public funds and shall be penalised in accordance with the laws in force.
Official text
Transcription: Spot-checked
In force from 12-06-2018
Source page 32
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