Past version: Effective from 01 Jul 2007 to 30 Sep 2007 To view other versions open the versions tab on the right
Article 169 provides for a term of imprisonment, and/or a fine of up to BD 20,000 for any Director, manager, official or employee, who acts or permits an act in violation of Article 134 of the CBB Law, dealing with the effects of insolvency, where he knows (or should have known) that the licensee is insolvent.