of a certain event after the conduct is discontinued, in which case the period of
prescription shall only begin to run when that event has occurred.
If a punishable offence is committed on board an Icelandic vessel or aircraft
outside Icelandic [jurisdiction] , the period of prescription shall only begin when
the vessel or aircraft has arrived in an Icelandic port. The period shall, however,
begin no later than 1 year after the commission of the offence.
[The period of prescription shall be suspended when a criminal investigator
commences investigation against a suspected person. In cases which the police
may, according to law, conclude by settlement, the period of prescription shall be
suspended when the police charge the person with the offence and notify him/her of
an offer of settlement. In other cases where an administrative authority is
authorized by law to determine the penalty for an offence, the period of prescription
shall be suspended when the administrative authority charges the person with such
an offence. [Where the period of prescription is suspended vis-à-vis the
representative of a legal person, the employee of a legal person or another person
working under the auspices of the legal person, the period shall also be suspended
vis-à-vis the legal person. The suspension of a period of prescription vis-à-vis a
legal person shall not lead to suspension of the period of prescription vis-à-vis a
representative or employee of the legal person, or of others under its auspices.] ]
[An investigation as provided for in the para. 4 shall not suspend the period of
prescription if the investigator discontinues the investigation, the prosecutor
decides not to [institute criminal proceedings] against the accused or the
prosecutor revokes the indictment. Also, if the investigation is suspended for an
indefinite period, this shall not suspend the period of prescription. If a criminal
investigation is suspended because the accused person has evaded investigation, the
period of prescription will be suspended by the investigation, but the time during
which the investigation was in progress shall not be counted as part of the period of
prescription. … ]
When criminal liability has expired in accordance with the foregoing, punishment
for the conduct may not be imposed and nor may the sanctions prescribed in
Articles 62-67.The same applies to the confiscation of property and deprivation of
rights and remedies prescribed under the second paragraph of Article 148 and the
second paragraph of Article 241. The period of prescription as regards confiscation
shall not be shorter than 5 years, and 10 years in the case of confiscation under
… the first paragraph of Article 69 and comparable provisions of separate criminal
statutes unless other provisions are made in them.]
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L. 37/2013, 2. gr. 2) L. 23/2016, 3. gr. L. 58/2012, 3. gr. L. 61/2007, 2. gr. This provision
also applies to offences committed prior to the commencement of l. 61/2007, providing that
the period of prescription under that Act has not started to run, cf. Article 14 of the same
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