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Act 2005

Bundesgesetz über die Verantwortlichkeit von Verbänden für Straftaten (Verbandsverantwortlichkeitsgesetz – VbVG) (Federal Act on the liability of associations for criminal offences)

Plain-English summary

Lets a court hold a legal person or registered partnership liable for an offence committed for its benefit or in breach of its duties, whether by a decision-maker or by an employee where management failed to take reasonable care (§ 3). The court imposes a fine in daily rates of EUR 50 to 30,000 for ordinary associations (§ 4). BGBl. I Nr. 151/2005, last amended by BGBl. I Nr. 65/2025.

Who it applies to

All industries

Topics

Anti-Bribery & Corruption Fraud Risk

Official source

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