Singapore legislation
Clause 134
Clause 134
Non-disclosure
(1)
A bankrupt shall be guilty of an offence if —
(a)
he does not to the best of his knowledge and belief disclose to the Official Assignee all the property comprised in his estate; or
(b)
he does not inform the Official Assignee of any disposal of any property which, but for the disposal, would be comprised in his estate, stating how, when, to whom and for what consideration the property was disposed of.
(2)
Subsection (1)(b) shall not apply to any disposal in the ordinary course of a business carried on by the bankrupt or to any payment of the ordinary expenses of the bankrupt or his family.