Definition: Current transfers - fines and penalties

Category: SNA 1993

Fines and penalties imposed on institutional units by courts of law or quasi-judicial bodies are treated as compulsory current transfers. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf
Source:
United Nations, "System of National Accounts (SNA) 1993", § 8.96, United Nations, New York, 1993
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