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osnia & herzegovina<br />
What is the period of limitation in civil proceedings resulting<br />
from criminal offences?<br />
The period of limitation is three years from the moment an injured<br />
party learned of the damage or the liable party. In any case, the period<br />
of limitation ends five years after the day the damage occurred.<br />
However, if the period of limitation in criminal proceedings is longer<br />
than the period of limitation in civil proceedings, then the period of<br />
limitation in civil proceedings shall expire upon the expiration of the<br />
limitation period in the criminal proceedings.<br />
5. Miscellaneous<br />
Is management obliged to report offences committed within<br />
the corporation to the authorities?<br />
No, but such a report would be legal grounds for reducing the fine.<br />
24 www.schoenherr.eu
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