Section 2: Offences relating to management and administration

It shall be punishable by five years’ imprisonment and a fine of 375,000 euros for: 1° The chairman, directors or managing directors of a société anonyme to distribute fictitious dividends among the shareholders, in the absence of an inventory, or by means of fraudulent inventories ; 2° The chairman, directors or managing directors of a public limited company to publish or present to shareholders, even in the absence of any…

A fine of 9,000 euros shall be imposed on the chairman, directors or managing directors of a public limited company for failing, for each financial year, to draw up an inventory and prepare annual accounts and a management report.