قانون التأمين في الإماراتقرار مجلس الوزراء بشأن الغرامات الإدارية التي تفرضها هيئة التأمين

Article (1) Definitions In application of Provisions of this Resolution, the following words and phrases shall have the meanings assigned to each of them, unless the context requires otherwise: State : The United Arab Emirates Authority : Insurance Authority established by virtue of the Law. Board : The Board of Directors of the Authority. Director General : Director General of the Authority.

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 2 Company : The insurance company established in the State and the foreign insurance company licensed to practice insurance activity in the State either through a branch or through an insurance agent, including Takaful Insurance Companies. Person : Natural or legal person. Insurance Related Professionals : Any person licensed by the Authority to practice any of the activities of an insurance agent, actuary, insurance broker, surveyor and loss adjuster, insurance consultant, health insurance claims management company or any other insurance related profession determined which the Board shall determine its regulation. Regulations, systems, instructions and resolutions : Any regulation, system, instructions or resolutions issued by virtue of the Law. Law : Federal Law No. (6) of 2007 Establishing the Insurance Authority and Regulation of Insurance Operations, and its amendments.

Article (9) This Resolution shall be published in the Official Gazette and shall come into force three months after the date of its publication. Mohammed Bin Rashid Al Maktoum Prime Minister On: 29 Rabi’ II, 1440 H Corresponding to: 6 January 2019 A.D

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 5 Annex 1 Table attached to the Cabinet Resolution No. (7) of 2019 Concerning Administrative Fines Imposed by the Insurance Authority Serial No. Violation Value of administrative fine in dirhams 1 Non-compliance of the company with fulfilling the compensation set forth in the insurance contract upon accident occurrence or occurrence of insured risk. 50 thousand 2 Non-compliance of the company with the requirements of investment basics in accordance with the provisions of financial instructions. 100 thousand 3 Non-compliance of the company in all times with fulfilling the requirements of solvency margin and the minimum amount of insurance in accordance with the provisions of financial instructions. 150 thousand 4 Non-compliance of the company with the requirements of technical provisions calculation in accordance with the provisions of financial 100 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 6 instructions. 5 Non-compliance of the company with defining the assets that meet the insurance obligations in accordance with the provisions of financial instructions. 100 thousand 6 Non-compliance of the company with re-insurance standards in accordance with the provisions of relevant instructions. 100 thousand 7 Non-compliance of the company with the requirements of regulating accounting books, records and data to be inserted and saved therein including the records of agents, brokers and others in accordance with the provisions of financial instructions. 10 thousand 8 Non-compliance of the company with providing the Authority with data in accordance with financial instructions. 10 thousand 9 Non-compliance of the company with the requirements of accounting policies and models necessary for 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 7 preparing financial reports and data in accordance with the provisions of financial instructions. 10 Non-compliance of Takaful Insurance Company with the rules of agency fees and Mudarabah share in accordance with the provisions of financial instructions. 100 thousand 11 The company’s violation of any of the provisions referred to in the instructions of profession code of conduct and ethics of insurance companies. 50 thousand 12 The company or insurance related professionals’ violations of any provision of the instructions of money laundering combating and terrorism finance combating in insurance activities. 50 thousand 13 Any person practice of insurance or re-insurance activities inside the state without obtaining license or register from the Authority. 250 thousand 14 The company’s violation of the 100 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 8 instructions issued concerning pricing policy in property and responsibility insurance branches. 15 Establishment of an insurance company, opening of a branch of foreign insurance company or practice of insurance agent work by any person without obtaining the prior approval of the Board. 250 thousand 16 The company’s combination between personal insurance, fund raising and property and responsibility insurance in violation of the provisions of law and instructions or resolutions issued therefor. 250 thousand 17 Any person mediating in insurance business for funds or property within the State or liabilities arising therefrom with an insurance company which is not registered by the Authority in accordance with the provisions of the law. 100 thousand 18 Non-compliance of the company with drafting an insurance company within the State in a language other than 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 9 Arabic. 19 Non-compliance of the company with reflecting the items that hold it harmless in the document in a significant font in a different color or without annotating it by the insured person. 50 thousand 20 The company opening of branches in the State without obtaining the Authority’s approval. 100 thousand 21 The company’s appointment of a member in the Board of Directors, general manager or deputy director of the company or allowance thereof to be in office despite the issuance of a rule against it in a crime, offence against honor, integrity or public morals, or issuance of insolvent rule and was not rehabilitated. 50 thousand 22 The company’s appointment of a member in the Board of Directors, general manager or deputy director of the company despite being responsible for a grave breach of the provisions of law or corporate law or 100 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 10 forcing it into liquidation. 23 The chairman, any of the members of the Board of Directors, its general manager, the deputy director, his representative, any manager in the company or a senior management officer in any or all of the following: A. taking part in the management of other competitive or similar company. B. Competing the company’s business or conducting any action or activity that result in a conflict with the company interest. C. Exercising the insurance agent or broker businesses. D. Receiving commission for insurance works. 100 thousand 24 Representing any shareholder of the company by any of the company managers or employees. 25 thousand 25 Non-compliance of the company with providing the Authority with a detailed statement including the qualifications and experiences of the general manager, deputy director or key employees in accordance with the 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 11 provisions of the executive regulation of law and/or non-availability of efficiency and experience in insurance businesses condition. 26 Non-compliance of the company with informing the Authority with the names of Board of Directors members, general manager, deputy director or any principal employee in accordance with the provisions of the executive regulation of the law. 10 thousand 27 Non-compliance of the company with informing the Authority with the vacant positions of BoD member, general manager, deputy director or any principal employee within sixty days as of position vacancy date. 20 thousand 28 Non-compliance of the company’s board of directors with providing the Authority with copies of its meetings minutes and resolutions related to electing the Board chairman, deputy-chairman and members authorized for signing on behalf of the company as well as their signature models within seven days as of the 10 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 12 issuance of these resolutions. 29 The Company’s exercise of insurance business without appointing or authorizing a licensed actuary within a month as of the date of licensing the company. 100 thousand 30 Non-compliance of the company with informing the Authority on appointing or authorizing the actuary within a month of its appointment date. 10 thousand 31 Non-compliance of the company with providing any data or information requested by the Authority about it or any company with ownership relation therewith or related thereto within the period set out by the Authority, in addition to any data or information submitted by the company to any other supervision entity and any data or information received by the company from these entities, if any. 50 thousand 32 Non-compliance of the company to invite the Authority’s general manager to attend the General Assembly 15 days at least before its date. 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 13 33 Not informing the company, insurance related professionals, any of their manager or employees on the person assigned by the general manager to undertake inspections or auditing of books, records and data and collect information, transactions, documents and check reports. 100 thousand 34 Non-compliance of the company or insurance related professionals with providing copies of the books or data referred to in the previous clause to the person assigned by the general manager to undertake inspections or auditing. 50 thousand 35 The company. insurance related professionals, any of their manager or employees’ prevention, interception or hindering the person assigned by the general manager to undertake inspections or auditing. 100 thousand 36 Any person’s breach of the rules of insurance company capital ownership rate issued by the provisions of law and resolutions issued thereunder. 100 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 14 37 Non-compliance of any insurance related professionals with providing any data or information requested by the Authority within the period it defines. 10 thousand 38 The company’s failure to pay wages defined by the Authority for experts, advisors, actuaries or auditors appointed by the Authority. 20 thousand 39 Disclosure of any information violating the law by the expert, advisor, actuary or auditor to any entity. 50 thousand 40 Non-compliance of the company with providing the Authority with an annual comprehensive report on its businesses including all data, reports and annual audited financial statements in line with the requirements of law and financial instructions. 100 thousand 41 Non-compliance of the company with providing the Authority with the annual comprehensive report signed 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 15 by its BoD chairman, deputy director or authorized signatories of the company. 42 Non-compliance of the company with providing the Authority with the annual comprehensive report within a period not exceeding 4 months as of the date of financial year end. 50 thousand 43 Non-compliance of the company with providing the Authority with the annual comprehensive report 30 days at least before calling the company’s General Assembly to meet. 200 thousand 44 Non-compliance of the company with providing the Authority with data and quarter financial reports within the period specified by the Authority 100 thousand 45 Non-compliance of the company with providing the Authority with report requirements, certificates, approvals and annual and quarter financial reports according to the regulations approved by the Authority 100 thousand 46 The Company’s delay to pay the fees 0.5% of total unpaid due amount for

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 16 of supervision and control according to the form prepared by the Authority within four months as of the end date of fiscal year each delay day as maximum (250 thousand) 47 Non-compliance of the company with paying the rehabilitation and training within four months as of the end date of fiscal year 0.5% of total unpaid due amount for each delay day as maximum (100 thousand) 48 Non-compliance of the company with correcting and presenting financial accounts and losses and profits accounts to the Authority for approval despite the objection of General Manager thereon 100 thousand 49 Non-compliance of the company that faces bad financial or administrative conditions or faces severe losses that affect the rights of the insured person or beneficiaries represented by its chairman of the Board or general manager with notifying the general manager thereof immediately. 100 thousand 50 Non-compliance of the company with providing the Authority with some or all of the following: 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 17 A. Models of insurance policies and their application approved annexes, including general and private conditions, technical bases thereof and rates of attached premiums. B. Tables of personal insurance policies value refund, fund-raising processes and rates of attached premiums. 51 Non-compliance of the company with providing the insured person and beneficiaries with copies of insurance policies and relevant data. 20 thousand 52 Non-compliance of the company with disclosure and transparency principle in dealing with its customers and in all issued documents, papers, prospectus, announcements, advertisements, articles and scientific materials in accordance with the Board decisions to consider the application of this commitment. 20 thousand 53 Non-compliance of the auditor with providing an immediate report to the Authority and a copy thereof to the company’s chairman of the board in 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 18 any of the following cases: A. If he finds out that the financial position of the company undermines its ability to fulfil its commitments towards the insured persons or impede its capacity to meet the financial requirements in accordance with law, legislations and resolutions issued thereunder. B. If he finds out that there is a great imbalance in practicing the financial procedures of the company. C. If he rejects or reserves on any certificate related to the company’s income or financial statements. D. If he decides to resign or reject his reappointment in the company for extraordinary grounds. 54 Non-compliance of the company’s auditor with providing the Authority directly and within the period specified thereby with necessary information to control the company’s business. 50 thousand 55 Non-compliance of the company with the provisions that regulate its deposit which are defined by law. 100 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 19 56 Non-compliance of the company that exercise any personal insurance activities and fund-raising processes with keeping amounts in the state that cover all account reserve of contracts concluded or implemented in the state. 100 thousand 57 The company’s exercise of insurance activities without being listed in the register allocated for the same type of insurance activities. 150 thousand 58 Reinsurance by another company that is not licensed to practice the type of insurance entrusted to reinsurance. 150 thousand 59 Concluding insurance contracts by the insurance company in a type of insurance for which a decision was issued to suspend or cancel its licenses to exercise. 250 thousand 60 Failure of the company to fulfil its obligations arising out of contracts concluded before suspending its validity or cancelling its license. 250 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 20 61 Non-compliance of foreign insurance company branches with appointing a deputy manager for its branch to practice activities on its behalf. 100 thousand 62 Non-compliance of the foreign company, in case of appointing a deputy manager for its branch, with attaching appointment resolution to an official document to be deposited at the Authority and an approved copy thereof that authorizes him to practice all necessary powers for managing the branch, including: A. Issuing insurance documents and annexes thereof. B. Paying resulting compensations. C. Representing the company before competent courts and all official and unofficial entities in relation to branc

Article 62 of law to the actuarial report on the result of examination and evaluation of the financial position 10 thousand 74 The personal insurance and fund-raising company direct or indirect deduction of any part of its funds related to its obligations arising out of insurance policies to be divided as profits on shareholders or policies owner or to pay any amount other than its obligations arising out of insurance policies issued thereby. 100 thousand 75 The personal insurance and fund-raising company issuance of saving bonds for more than 30 years. 25 thousand 76 The personal insurance and fund-raising company issuance of saving bonds for 25 years or above, which refund value after the 25th year 25 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 24 is less than the total account reserve amount. 77 Requiring owners of saving bonds by personal insurance and fund-raising company to pay non-equal or undiminished premiums. 25 thousand 78 Non-compliance of the company with including revocation conditions in saving bonds which it uses in claiming bond owner due to its delay in paying premiums. 25 thousand 79 The company revocation of the contract regarding saving bonds 3 months before the premium maturity date or the date of notifying the bond owner by registered letter if it is a registered bond. 25 thousand 80 Non-compliance of the company with including a provision in saving bonds on conferring right therein to eligible persons due to the death of bond owner without imposing additional amounts or new conditions. 25 thousand 81 The company licensed to operate in 250 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 25 free zones practicing its activity outside free zones at the state without obtaining the Authority’s license. 82 The insurance agent exercising the activities of insurance agent for more than one company. 250 thousand 83 Any person exercising the activities of relevant business owners without being licensed or registered at the Authority. 250 thousand 84 Non-compliance of the company with the rules of transferring insurance policies and suspending operations pursuant to the law. 100 thousand 85 The company’s merger or start to merger before submitting merger application to the general manager. 200 thousand 86 Non-compliance of the company and merger parties with enabling insured persons to review the agreement that regulates merger process or non-compliance with presenting the merger agreement in the main office of all merged companies for 15 days 100 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 26 of the date of publishing merger resolution in the official gazette. 87 The liquidator breach of its commitments set forth in the law. 50 thousand 88 The company’s rejection or non-provision of explanations on complaints received by the Authority on insurance processes operated by the company in the state. 50 thousand 89 The company’s delay of providing the explanations on complaints received by the Authority on insurance processes operated by the company in the state within the period specified by the Authority. 25 thousand 90 Non-compliance of the company with paying the expenses of publishing any resolutions issued by the Authority in accordance with law and relevant instructions including suspending, cancelling or returning the registration or merging, owning, liquidating or ending the same. 20 thousand 91 Any person refusal to provide the 100 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 27 Authority with documents, information and data to be provided in accordance with the law and legislations issued thereunder. 92 Hindering the general manager or its representative in implementing its tasks or intervening to impede them to obtain information. 50 thousand 93 Non-compliance of the company, insurance broker or insurance agent to include the policy/subscription premium fulfilled by the customer clearly in the policy schedule and insurance certificate, including all allowances, expenses and commissions. 50 thousand 94 Adding any additional amounts or expenses by the insurance broker or agent to the net insurance premium specified by the insurance company. 250 thousand 95 Insurance broker combining between its capacity as insurance broker and insurance agent, insurance advisor, damage detection and evaluation expert or actuary. 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 28 96 Non-compliance of the insurance broker with the rules of profession conduct specified in the instructions. 50 thousand 97 Insurance broker breach of the conditions and procedures of licenses and registration specified in the instructions. 50 thousand 98 Insurance broker breach of technical and administrative cadre conditions according to instructions. 10 thousand 99 Insurance broker breach of the provisions of professional liability insurance policy conditions specified in the instructions. 10 thousand 100 Insurance broker breach of internal system requirements and conditions specified in the instructions. 20 thousand 101 Insurance broker breach of its obligations towards the Authority, insurance company or customers in accordance with the instructions of insurance brokering. 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 29 102 Insurance broker breach of the conditions of opening insurance brokers branches. 50 thousand 103 Insurance broker or agent exercising of insurance services activities and/or marketing through persons unlicensed by the Authority or non-employees thereof. 100 thousand 104 The company contracting with a person not listed in insurance agents register at the Authority to be entrusted with exercising insurance brokering activities. 100 thousand 105 Insurance agent providing its activities to unlicensed or not-registered insurance company at the Authority. 50 thousand 106 Insurance agent exercising its activities without concluding an agency contract with the company. 50 thousand 107 The insurance agent’s failure to provide a copy of the agency contract with the company to the Authority. 10 thousand 108 Insurance agent assignment of the 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 30 agency or authorization of other person to undertake activities entrusted thereto. 109 Exercising insurance broker profession by the insurance agent 50 thousand 110 Insurance agent combination of insurance types without adhering to the terms and conditions specified in the instructions. 20 thousand 111 Insurance agent breach of the conditions of professional liability insurance policy specified in the instructions. 10 thousand 112 Insurance agent breach of the conditions and procedures of licenses and registration specified in the instructions. 5 thousand 113 Insurance agent breach of the resolution on suspending its operations. 50 thousand 114 Insurance agent breach of the conditions of opening a branch for insurance agency in the state. 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 31 115 Failure of the insurance agent to comply with its duties specified in the instructions. 20 thousand 116 Failure of the insurance agent to deposit all insurance premiums or any amounts received thereby in its capacity as the company’s representative in a private account to be opened in the state, as well as failure to use and pay such amounts in accordance with instructions. 50 thousand 117 Non-compliance of the insurance agent with the rules of profession conduct according to the instructions. 20 thousand 118 Insurance agent breach of the provisions of insurance agent records requirements. 10 thousand 119 Failure of health insurance claims management company to adhere to laws and instructions issued by health entities of the Emirate in which the company operates. 20 thousand 120 Failure of health insurance claims 50 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 32 management company to adhere to the limits of activities permitted to be exercised thereby. 121 Failure of health insurance claims management company to adhere to its licensing conditions. 50 thousand 122 Health insurance claims management company sale or promotion of health insurance policies. 50 thousand 123 Health insurance claims management company ownership or contribution to the capital or management of any health establishment or health insurance company. 50 thousand 124 Failure of health insurance claims management company to separate its accounts from the accounts of funds received from its health insurance claims activities. 50 thousand 125 Health insurance claims management company conclusion of service provision contracts in the state with an insurance company unlicensed to operate in the state. 100 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 33 126 Failure of health insurance claims management company to comply with the conditions related to its employees. 10 thousand 127 Health insurance claims management company violation of the terms and conditions of agreements concluded with the insurance company and medical treatment providers. 50 thousand 128 Failure of health insurance claims management company to adhere to providing the Authority with the agreements concluded between it, the insurance company and medical treatment providers within the specified period. 10 thousand 129 Failure of health insurance claims management company to adhere to notifying the Authority with any change to the data or information licensed thereunder upon occurrence. 10 thousand 130 Health insurance claims management company changing the information licensed in accordance therewith in 10 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 34 violation of the provisions of relevant instructions and resolutions. 131 Failure of health insurance claims management company to comply with its duties specified in the instructions of health insurance claims management. 50 thousand 132 Failure of health insurance claims management company to comply with the rules of profession conduct specified in the instructions. 20 thousand 133 Failure of health insurance claims management company to keep records and books that include all matters related thereto and to keep the agreements concluded with the insurance company and medical treatment services providers. 50 thousand 134 Failure of health insurance claims management company to provide the insurance company with all records and books in case of the termination of the agreement concluded therewith. 10 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 35 135 health insurance claims management company violation of the conditions of opening a branch inside or outside the state. 50 thousand 136 Insurance advisor breach of the conditions and procedures of its license and registration specified in the instructions. 20 thousand 137 Insurance advisor who is licensed and registered in the Authority’s register breach of the general provisions specified in the instructions. 20 thousand 138 Insurance advisor violation of its obligations and duties specified in the instructions. 10 thousand 139 Non-compliance of the insurance advisor with the rules of profession conduct according to the instructions. 20 thousand 140 Failure of the insurance advisor to notify the Authority within the specified period of any change to the content of documents and data according to which it was licensed. 5 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 36 141 actuary who is licensed and registered in the Authority’s register breach of the general provisions specified in the instructions. 50 thousand 142 actuary breach of the conditions and procedures to be available for licensing and registering actuaries. 50 thousand 143 Failure of the actuary to notify the Authority of any change to the content of documents and data according to which it was licensed within a period not exceeding 10 days. 10 thousand 144 Failure of the actuary to notify the Authority of the vacancy of responsible manager position. 5 thousand 145 Failure of the actuary to occupy the vacant responsible manager position within 3 months of position vacancy date. 10 thousand 146 actuary breach of the terms and conditions of professional responsibility insurance policy in accordance with the instructions. 10 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 37 147 Failure of the actuary to notify the Authority of providing its services in the capacity of an employee or approved party thereby under a contract within 7 days of its relation commencement with the company. 5 thousand 148 Legal actuary breach of the conditions of opening branches in the state. 50 thousand 149 Failure of the actuary to comply with its obligations, duties, main tasks or additional tasks specified in the instructions. 50 thousand 150 Failure of the actuary to comply with profession conduct rules in accordance with instructions. 20 thousand 151 Damage detection and evaluation experts breach of the conditions and procedures of registration and license in accordance with instructions. 20 thousand 152 Damage detection and evaluation experts breach of the conditions of opening branches in the state. 10 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 38 153 Damage detection and evaluation experts breach of their duties. 20 thousand 154 Damage detection and evaluation experts breach of the requirements of settlement report contents. 20 thousand 155 Damage detection and evaluation experts breach of the requirements of damage detection and evaluation expert records. 20 thousand 156 Failure of damage detection and evaluation experts to comply with providing the specified data under the instructions. 20 thousand 157 Failure of damage detection and evaluation experts to comply with providing the specified data under the instructions certified by a registered auditor at the Authority. 20 thousand 158 Failure of damage detection and evaluation experts to comply with providing the specified data under the instructions within 3 months of financial year end. 10 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed by the Insurance Authority 39 159 Failure of damage detection and evaluation experts to comply with the decision of suspending it from exercising activities. 20 thousand 160 The company opening of insurance products sale point without obtaining a license from the Authority and registering it in the register. 50 thousand for each sale point 161 The company’s authorization of sale point to pay compensations. 10 thousand 162 The company breach of a license and registration conditions related to its sale points licensing and registration. 50 thousand 163 Failure of the company to comply with any of the duties and responsibilities of sale point towards the customers. 50 thousand 164 The company’s failure to renew the registration of its sale point. 10 thousand 165 The company’s registration of its sale point based on incorrect information or data. 20 thousand

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Cabinet Resolution of 2019 Regarding Administrative Fines Imposed b