Tunisia: Cabinet Approves Draft Law Amending Provisions of Article 411 of Commercial Code

Tunis — A Cabinet meeting chaired by Prime Minister Ahmed Hachani at the Government Palace in Kasbah Wednesday approved the draft law amending the provisions of Article 411 of the Commercial Code relating to penalties for the offence of issuing bad cheques.

The bill aims to mitigate the penalties (both criminal and financial) associated with bad cheques by proposing the possibility of replacing imprisonment with an alternative sentence, according to a statement from the Prime Ministry.

It also…