Singapore legislation
Clause 138
Clause 138
Fraudulent disposal of property
(1)
A bankrupt shall be guilty of an offence if —
he makes or causes to be made, or has during the period of 5 years prior to the date of the bankruptcy order against him made or caused to be made, any gift or transfer of, or any charge on, his property; or
he conceals or removes, or has at any time before the commencement of the bankruptcy concealed or removed, any part of his property after, or within two months before, the date on which a judgment or order for the payment of money has been obtained against him, being a judgment or order which was not satisfied before the commencement of his bankruptcy.
(2)
In this section, the reference to making a transfer of or a charge on any property includes causing or conniving at, the levying of any execution against that property.