(1) Legal persans shall be criminally liable for offences committed by their managers or employees.
(2) The criminal liability of legal persans shaH not preclude that of natural persans who are perpetrators or accomplices of the same offences.
(3) The penalty incurred by the legal persan shall be a fine.
(4) Notwithstanding the penalty provided for in Sub-section 3 above, one of the ancillary penalties provided for in the Penal Code may also be imposed on the accused legal persans.
Official text
Transcription: Machine-parsed
In force from 24-12-2019
Source page 10
Lex Cameroon does not hold a French version of this provision. You can read an unofficial machine translation — for understanding only, never to quote.
Section 27 of the Law No 2019/021 of 24 december 2019 to lay down some rules governing credit activities in the banking and mico-finance sector in Cameroon/akn/cm/act/loi/2019-12-24/301-law-no-2019-021-of-24-december-2019-to-lay-down-some-rules-governing-credit-activities-in-the-banking-and-mico-finance-sector-in-cameroon
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