MOSCOW, March 25 (RAPSI) — A draft law introducing administrative fines for performing the functions of sports agents without proper accreditation have been submitted for discussion to the State Duma, according to the official website of the lower house of parliament.
The bill envisages that activities aimed at assisting in the employment of athletes and coaches in professional sports clubs without obtaining accreditation is to entail the imposition of administrative fines on individuals in the amount of 30,000 to 50,000 rubles ($400 to $660 at the current exchange rate); sole proprietors are to be fined from 50,000 to 100,000 rubles ($660 to $1,300); legal entities are to pay fines ranging from 300,000 to 400,000 rubles ($4,000 to $5,200). In cases where the said violation is of repeated nature, the fines are to be increased and make up to 500,000 rubles ($6,600) for corporations, the statement reads.
Amendments are proposed to the Russian Code of Administrative Offenses.