Bankruptcy Act · 2009 Revised Edition · Part X · Bankruptcy Offences
137. False statements
Feedback & supportLast amended by an amending law of 2005.
A bankrupt shall be guilty of an offence if —
bankrupt
“bankrupt” means —(a)the individual debtor who has been adjudged bankrupt by a bankruptcy order; or(b)where a bankruptcy order has been made against a firm, each of the partners in the firm;
he makes any false statement or any material omission in any statement under this Act relating to his affairs;
knowing or believing that a false debt has been proved by any person under the bankruptcy, he fails to inform the Official Assignee as soon as practicable;
debt
“debt” means any debt, or any liability to pay money, which is unsecured, present, certain, and of an amount that is fixed or liquidated;
he attempts to account for any part of his property by fictitious losses or expenses;
property
“property” includes money, goods, things in action, land and every description of property wherever situated and also obligations and every description of interest, whether present or future or vested or contingent, arising out of or incidental to, property;
at any meeting of his creditors in the 12 months before the making of the bankruptcy application by or against him or (whether or not at such a meeting) at any time in the initial period, he did anything which would have been an offence under paragraph (c) if the bankruptcy order against him had been made before he did it; or
bankruptcy application
“bankruptcy application” means an application to the court for a bankruptcy order;
he is, or at any time has been, guilty of any false representation or other fraud for the purpose of obtaining the consent of his creditors, or any of them, to an agreement with reference to his affairs or to his bankruptcy.