Prohibited Business

Prohibited Business

 

in Soviet law, a type of business (handicraft or artisan) specifically prohibited by law. A list of prohibited businesses is contained in the Rules for the Registration of Noncooperative Handicraftsmen and Artisans (approved by the decree of the Council of Ministers of the USSR of June 30, 1949) and in the corresponding decrees of the Councils of Ministers of the Union republics, for example, in the decree of the Council of Ministers of the RSFSR of Aug. 4, 1965, entitled On Certain Types of Businesses of Handi-craftsmen and Artisans (Collection of Decrees of the RSFSR, 1965, no. 18, p. 110).

The majority of prohibited businesses are associated with the processing of scarce raw materials or with the production of new articles from various valuable materials, for example, the processing of grain, hemp, or raw cotton, either bought or provided by the customer. The use of motor vehicles (for example, in transporting passengers and freight) belonging to citizens by right of personal ownership for purposes of deriving unearned income is also a prohibited business. All businesses employing hired labor are prohibited. Engaging in prohibited business is punished administratively if criminal liability has not been established for this act under the law. The criminal codes of all the Union republics (for example, the Criminal Code of the RSFSR, art. 162) provide that criminal liability for engaging in prohibited business shall ensue only after administrative penalties have been imposed for such an action.

References in periodicals archive ?
It gives the US President Donald Trump the green light to go after foreign entities and persons that engage in prohibited business with, provide support for or carry out a significant transaction with the Assad regime or senior political figures.
"This was attributed to declines in core capital due to additional provisions for loans and advances," said the regulator.Another bank breached the prohibited business rule, which limits total insider borrowings to 100 per cent of core capital.
public sector universities, prohibited business of quackery,
The cases include excessive fee structure of private medical colleges, disposal of hospitals and sewage waste, increase in dialysis fee, air-pollution, lack of adequate health facilities in DHA Lahore, companies working under various departments of the Punjab government, damages incurred by Pakistan Railways, appointment of vice chancellors to the public sector universities, prohibited business of quackery, effects of heavy rain on newly constructed Islamabad airport, suo motu notice regarding service structure of Pakistan Kidney and Liver Transplant, and others.
BajiA explained that this forum is primarily attended by companies that have business integrity standards in their business practice, which means they have mechanisms and commitment not to be involved in prohibited business practices such as corruption, fraud, competition law violations, coercion and obstruction.
Pompeo also had a message for European leaders who support JCPOA: "those doing prohibited business in Iran (will be held) to account."
invasion of Iraq in 2003 and the overthrow of President Saddam Hussein.Pompeo warned that if Iran fully resumed its nuclear program, Washington would be ready to respond and said the administration would hold companies doing prohibited business in Iran to account.
Pompeo warned that if Iran fully resumed its nuclear program Washington would be ready to respond and said the administration would hold companies doing prohibited business in Iran to account.
Iran will never again havecarte blancheto dominate the Middle East," he said, adding thatthe United States would hold those doing prohibited business in Iran to account.
Revenues of the company derived from prohibited business on an aggregated basis must not exceed five percent of its gross revenues, the PSE said.The company's interest-bearing debt should not exceed 30 percent against its 12-month trailing average market capitalization and that the total amount of interest-bearing deposits and investments should not exceed 30 percent against its 12-month trailing average market capitalization.
As lawful importers of Turkish flour, we insist that the government put an end to those who conduct prohibited business practices that damage the reputation of all flour importers," Chua said.
The Court found that the letter breached Title II of the Consumer Protection Act of Quebec on prohibited business practice and that the authorized sanctions within the Act were applicable.