law, or if he has committed the crime specified in this law by failing to fulfill his obligations under the law or failing
to do so shall be punished according to this law.
/This section was amended by the law of May 11, 2017/
3. The special section of this law provides for the imposition of criminal liability on a legal entity, and is not a
ground for exempting from punishment the authorized official who made a decision on behalf of the legal entity or
gave permission in accordance with the procedures specified in paragraphs 1 and 2 of this article.
/This part was modified by the law of May 11, 2017/
4. If a branch or representative office of a foreign legal entity commits a crime in the territory of Mongolia, it shall
be held criminally liable in the same way as a legal entity specified in this law.
/This section was added by the law of May 11, 2017/
Article 9.2. Types of criminal liability imposed on legal entities
/The title of this article was amended by the law of May 11, 2017/
1. The legal person who committed the crime shall be sentenced to the following punishment:
1.1. Penalty.
/This provision was amended by the law of May 11, 2017/
1.2. penalty of disqualification;
/This provision was considered invalid by the law of May 11, 2017/
1.3. Penalty of liquidation.
/This provision was considered invalid by the law of May 11, 2017/
2. If the court deems it necessary to achieve the goals specified in Article 5.1 of this law, it may apply the following
coercive measures in addition to the punishment imposed on the legal entity who committed the crime:
2.1. coercive measure of disqualification;
2.2. compulsory liquidation measures;
2.3. coercive measures to confiscate assets and income of legal entities.
/This section was added by the law of May 11, 2017/
Article 9.3. Penalties
1. In the cases specified in this law, a fine of ten thousand units to four hundred thousand units shall be imposed on
the legal entity.
Article 9.4. Coercive measure of disqualification
/The title of this article was amended by the law of May 11, 2017/
1. In the case specified in the special class of this law, coercive measures shall be applied to limit the right to
conduct one or several types of activities for a legal entity for a period of one to eight years.
/This section was amended by the law of May 11, 2017/
Article 9.5. Measures to force liquidation
/The title of this article was amended by the law of May 11, 2017/
1. Compulsory liquidation of legal entities shall be applied in the cases specified in the special section of this law.
/This section was amended by the law of May 11, 2017/
2. In case of liquidation of the legal entity, the assets and income shall be seized and used to compensate the
damages caused by the crime, and the remaining funds shall be transferred to the state budget.
3. If a legal entity's branch or representative office commits a crime, the branch or representative office may be
liquidated.
/This section was added by the law of May 11, 2017/
Article 9.6. Coercive measures to confiscate assets and income of legal entities
1. In order to compensate for the assets and income obtained by committing a crime, or the damages caused to
others, assets and income equal to the damages caused by the crime shall be compulsorily recovered from the assets
and income of the legal entity.
2. When applying coercive measures to confiscate assets and income of legal entities, the procedure specified in
Article 7.5 of this law shall be followed.
/This item was added by the law of May 11, 2017/
Article 9.7. The criminal responsibility imposed on the legal entity must be certain
1. If the legal entity subject to criminal liability is reorganized in accordance with the special section of this law,
criminal liability shall be imposed on the following legal entity:
1.1. if one legal entity is created together with other legal entities, to the newly created legal entity;
1.2. if merged with other legal entities, to the merged legal entity;
1.3. if another legal entity was established by division or separation, to the appropriate legal entity in proportion to
the transferred property, property and non-property rights, duties and activities related to the crime;
1.4. if the legal entity has changed by changing its organizational type, form, and main purpose, to the reorganized
legal entity;
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