Printer Friendly

NOGA to prepare executive regulations drafts of Law 36/2014.

Manama, Aug 16 (BNA) -- In line with the Royal Law No. 36 of 2014, on criminalizing and combating the smuggling of the subsidized oil by-products, Bahrain National Oil and Gas Authority (NOGA) announced the preparation of the executive regulations drafts of the law, in preparation for submission to the competent authorities for approval.

The law comes to complement the NOGA regulatory and legislative role. Law 36 provides a legislative cover to criminalize the smuggling or attempting the smuggling of subsidized oil by-products. Law 36 also provides a legislative item for the public prosecutor to apply in the crimes of smuggling of subsidized oil by-products, which is considered theft of public money that requires inflecting legal punishment.

Therefore, crime perpetrators shall be punished by imprisonment of not less than six months nor more than three years, and a fine of not less than the value of the goods before it was subsidized nor more than threefold its value, or one of the two punishments. And the confiscation of the unlicensed smuggled or exported substances.


BNA 1621 GMT 2014/08/16

Publishing Rights Reserved to Bahrain News Agency 2003 - 2014 Provided by SyndiGate Media Inc. ( ).

COPYRIGHT 2014 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2014 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Bahrain News Agency
Date:Aug 16, 2014
Previous Article:Sitra walkway set to open within a few months.
Next Article:Political Empowerment Programme's beneficiaries participate in training course.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters