shall be punishable by a fine of 500 to 1,000 tax-free minimum incomes, or restraint of liberty for a term up to three years, with the deprivation of the right to occupy certain positions or engage in certain activities for a term up to three years. 2. The same actions, if repeated, or where they caused significant pecuniary damage, shall be punishable by imprisonment for a term of two to five years with the deprivation of the right to occupy certain positions or engage in certain activities for a term up to three years. Article 223. Violation of procedures related to emission and circulation of securities 1. Emission of securities by a citizen or official of a business entity by way of their open distribution without registration of the emission under the procedure established by law, shall be punishable by a fine up to 50 tax-free minimum incomes, or deprivation of the right to occupy certain positions or engage in certain activities for a term up to three years, or correctional labor for a term up to two years. 2. Willful distortion of information in documents submitted for registration of securities emission, by a citizen or official of a business entity, and also approval of such documents, where these actions caused a significant pecuniary damage to an investor, shall be punishable by a fine up to 50 tax-free minimum incomes, or deprivation of the right to occupy certain positions or engage in certain activities for a term up to three years, or restraint of liberty for a term up to three years. Article 224. Making, sale and use of counterfeit non-government securities 1. Making for selling purposes, sale or any other use of counterfeit non-government securities, shall be punishable by restraint of liberty for a term of two to five years with the deprivation of the right to occupy certain positions or engage in certain activities for a term up to three years. 2. Any such actions as provided for by paragraph 1 of this Article, if repeated or where they caused a significant pecuniary damage, shall be punishable by imprisonment for a term of two to five years with the deprivation of the right to occupy certain positions or engage in certain activities for a term up to three years. 3. Any such actions as provided for by paragraph 1 or 2 of this Article, if committed by an organized group or where they caused an especially great pecuniary damage, shall be punishable by imprisonment for a term of five to seven years with the deprivation of the right to occupy certain positions or engage in certain activities for a term up to three years. Note: (1) The repeated offense in Article 224 is an offense committed by a person who had previously committed a criminal offense created by this Article or Article 199 of this Code. (2) For the purposes of this Article, the material damage is deemed to be significant, if it equals or exceeds 300 tax-free minimum incomes, and is deemed to be especially great if it equals or exceeds 1,000 tax-free minimum incomes.