institutions tasked with receiving subscriptions.
It may also be published through the press or sent directly to any person whose subscription is desired or
sought.
ARTICLE 302 - The draft document shall be submitted beforehand for approval to the body authorised for this
purpose by a decree taken by the Council of Ministers as proposed by the Minister of Finance, which may, in this
circumstance demand any rectification or modification of statements or even state that extra information should
be included in this document.
ARTICLE 303 : The penalty of imprisonment of between six months to eighteen months and a fine of between
250,000 to 10,000,000 francs, and which may be increased beyond this figure to twice the amount of the profit
eventually made, without the fine being lower than this profit, or only one of these two penalties, shall apply to
company executives, managers and administrators or any other person who, while practising their profession or
performing their duties, had inside information on the outlook or situation of an issuer of securities or on the
future outlook of a security or a traceable futures contract, who carry out or deliberately enable the carrying out,
on the market, either directly or through a third party, one or several transactions before the public knows about
this information.
In case the transactions are carried out by a legal entity, the de facto or de jure executives of this legal entity
shall be liable under criminal law for the offences committed.
The same penalties shall apply to anybody who deliberately spreads in the public, through any channels
or means whatsoever, false or misleading information on the outlook or situation of an issuer of securities or the
future outlook of a security, listed financial product, and traceable futures contract, likely to affect prices.
PARAGRAPH VII: CLANDESTINE TRANSPORTATION OF PASSENGERS
ARTICLE 304: Whoever, driving or watching over a vehicle, not specifically intended to transport passengers,
transports or attempts to transport, without the formal authorisation of his/her employer, one or several people for
free or for a fee, shall be punished with imprisonment of between one to six months and a fine of between 20,000
to 100,000 francs or only one of these two penalties.
SECTION VII : FIRES - DESTRUCTION DEGRADATION DAMAGE
PARAGRAPH I: ARSON
ARTICLE 305: Whosoever wilfully sets fire to buildings, ships, boats, warehouses, and construction sites when
they are inhabited or meant for habitation, and generally an inhabited location or one used for habitation, whether
or not they belong to the arsonist, shall be punished with the death penalty.
The same penalty shall apply to whoever wilfully sets fire to cars or wagons, which may not be transporting
people but are part of a convoy that does.
Whosoever wilfully sets fire to buildings, ships, boats, warehouses, and construction sites, when they are
not inhabited, or used for habitation or forests, woods, thickets or standing crops, when these objects do not
belong to him/her, shall be punished with life imprisonment.
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