Chapter IV
SANCTIONING PROCEDURES, EXECUTING SANCTIONING DECISIONS AND COMPLAINTS
Article 26.- Procedures for sanctioning administrative violations in the field of insurance business
The procedures for sanctioning administrative violations in the field of insurance business shall comply with the provisions in Chapter VI of the Ordinance on Handling of Administrative Violations of July 2, 2002.
Article 27.- Coercive execution of decisions on sanctioning administrative violations in the field of insurance business
The coercive execution of decisions on sanctioning administrative violations in the field of insurance business shall comply with the provisions in Article 66 of the Ordinance on Handling of Administrative Violations of July 2, 2002.
Article 28.- Administratively sanctioning the acts of opposing persons performing official duties in the field of insurance business
The administrative sanctioning of persons who commit acts of opposing people who are performing their official duties in the field of insurance business shall comply with the law provisions on sanctioning administrative violations in the field of security and order.
Article 29.- Commendation and discipline
1. Individuals and organizations recording achievements in preventing and combating acts of administrative violations in the field of insurance business shall be considered for commendation/reward according to the general regulations of the State.
2. Persons competent to handle administrative violations in the field of insurance business, who commit acts of covering up administrative violations in the field of insurance business or failing to comply with the regulations on sanctioning administrative violations in the field of insurance business prescribed in this Decree, shall, depending on the nature and seriousness of their violations, be disciplined or examined for penal liability, and if causing damage, have to pay compensations therefor according to law provisions.
Article 30.- The statute of limitations for execution of sanctioning decisions
The decisions to sanction administrative violations in the field of insurance business shall be no longer valid after on year as from the date of their issuance; in cases where sanctioned individuals or organizations deliberately evade or delay the execution thereof, the statute of limitation prescribed in this Article shall not apply.
Article 31.- Complaints and denunciations
The complaints and denunciations against decisions on sanctioning administrative violations in the field of insurance business and the settlement thereof shall comply with the law provisions on complaints and denunciations.