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23. What penalty the insured unit would receive if it infringes the Labor Insurance Act and declares the insurance salary more or less than the actual amount?

According to the 3rd paragraph of Article 72 of Labor Insurance Act, if an insured unit violates the Labor Insurance Act and declares the insurance salary more or less than the actual amount will be fined a sum four times the insurance premium amount of the period commencing from occurrence of the action, and the loss caused by this to the employees shall be compensated by the insured unit.

Last Update:2019-08-20
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