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16. Offences against Finance and Trade |
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Article 142-Offences involving supplier payment manipulation |
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| 142.1 |
Offences involving supplier payment manipulation |
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Supplier payment manipulation is when a larger corporation uses the dependency and financial exposure of a smaller corporate supplier to regular payments as a means of manipulating better terms through the deliberate withholding and/or delay of financial payments. |
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Primary Fact(s) |
| 1. That a valid registered agreement exists on the public record of the Society between the Supplier and larger Corporate Buyer; and |
| 2. That the corporate supplier has delivered the services as agreed under the terms of the agreement and payment has fallen due; and |
| 3. That an officer of the accused larger corporation has failed to deliver payment to the supplier within the terms of the agreement; and |
| 4. That the actions of the accused were done with the knowledge and intent of placing financial pressure on the supplier to alter the terms of the agreement, or for some other financial advantage. |
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Penalty Conditions (Level 2-Crime) |
Type |
Condition(s) |
1-3 |
a) that the value of the outstanding monies is less than 10 annual wages; |
4-6 |
a) that the value of the outstanding monies is more than 10 annual wages and less than 20; |
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Penalty Conditions (Level 3-Crime) |
Type |
Condition(s) |
1-3 |
a) that the value of the outstanding monies is more than 20 annual wages and less than 50; |
4-6 |
a) that the value of the outstanding monies is more than 50 annual wages; |
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