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Glossary of the 1993 SNA - Definition of Term

TermCurrent transfers - fines and penalties
DefinitionFines and penalties imposed on institutional units by courts of law or quasi-judicial bodies are treated as compulsory current transfers.
Paragraphs8.96.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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