logo

Principles Principles Biblio Biblio Materials Materials Links Links Discussions Discussions - back to overview?


Trans-Lex Administrative Information
Document-ID: 938000
Please Cite as: "www.trans-lex.org/938000".

Social Networks

  

No. IV.7.2 - Invalidity of contract due to bribery

(a) Contracts based on or involving the payment or transfer of bribes ("corruption money", "secret commissions", "pots-de-vin", "kickbacks") are void.

(b) Any intentional offer, promise or transfer of any undue pecuniary or other advantage, whether directly or through intermediaries, to a foreign public official or private party, for the benefit of that official or private party or for a third party, in order that the official or private party acts or refrains from acting in relation to the performance of official or other duties, in order to obtain or retain business or other improper advantages in the conduct of international business constitutes bribery.

This document is cited by:



Please click below for (full) text references

[doctrine] [arbitral awards] [court decisions] [national legislation] [international legislation] [misc. legislation] [model terms] [misc.] [links]



There are no Threads related to this document. Open one by yourself.
Trans-Lex in Social Media:

Follow Trans_Lex on Twitter