1. Those who, by offering, promising, or granting any undue benefit or advantage, whether pecuniary or otherwise, corrupt or attempt to corrupt, directly or indirectly, a public authority or official for their own benefit or that of a third party, or attend to their requests in this regard, in order to induce them to act or refrain from acting in relation to the exercise of public functions in order to obtain or retain a contract, business, or any other competitive advantage in the conduct of international economic activities, shall be punished, unless they are already subject to a more severe penalty under another provision of this Code, with imprisonment for three to six years and a fine of twelve to twenty-four months, unless the benefit obtained is greater than the resulting amount, in which case the fine shall be from one to three times the amount of said benefit.
In addition to the penalties specified, the offender shall in all cases be subject to a ban on contracting with the public sector, as well as the loss of eligibility for public subsidies or aid and the right to enjoy tax and Social Security benefits or incentives, and a ban on participating in commercial transactions of public significance for a period of seven to twelve years.
2. For the purposes of this article, "public official" shall be understood to mean those defined in Articles 24 and 427.