Insolvency, Restructuring and Dissolution Act 2018 · 2020 Revised Edition · Part 20 · Bankruptcy Offences
408. False statements
Feedback & supportA bankrupt shall be guilty of an offence if —
bankrupt
“bankrupt” means —(a)an 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;
the bankrupt makes any false statement or any material omission in any statement under Part 3 or Parts 13 to 21 relating to the bankrupt’s affairs;
knowing or believing that a false debt has been proved by any person under the bankruptcy, the bankrupt fails to inform the Official Assignee as soon as practicable;
debt
“debt” means any debt, or any liability to pay money, that is unsecured, present, certain, and of an amount that is fixed or liquidated;
the bankrupt attempts to account for any part of the bankrupt’s property by fictitious losses or expenses;
property
“property” includes —(a)money, goods, things in action, land and every description of property, wherever situated; and(b)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 the bankrupt’s creditors in the 12 months before the making of the bankruptcy application by or against the bankrupt or (whether or not at such a meeting) at any time in the initial period, the bankrupt did anything which would have been an offence under paragraph (c) if the bankruptcy order against the bankrupt had been made before the bankrupt did it; or
bankruptcy application
“bankruptcy application” means an application to the Court for a bankruptcy order;
the bankrupt is, or at any time has been, guilty of any false representation or other fraud for the purpose of obtaining the consent of the bankrupt’s creditors, or any of them, to an agreement with reference to the bankrupt’s affairs or to his or her bankruptcy.