CTHRepealedAct
Bankruptcy Act 1924
Fraudulently obtaining credit. FraudulenFraudulently obtaining credit. Fraudulent gift or transfer. Fraudulent avoidence of payment.
Start here
Get a plain-English read of Fraudulently obtaining credit. Fraudulen
Turn the raw legal text into a practical explanation grounded in Bankruptcy Act 1924.
### Fraudulently obtaining credit. Fraudulent gift or transfer. Fraudulent avoidence of payment.
E.B.A., s. 156.
N.S.W., s. 128.
Vic., s. 275.
212.—(1.) Any person against whom a sequestration order is made who—
(a) in incurring any debt or liability, has obtained credit by means of fraud;
(b) has, with intent to defraud his creditors, or any of them, made or caused to be made any gift, delivery, or transfer of or any charge on his property;
(c) has, with intent to defraud his creditors, concealed or removed any part of his property since or within two months before the date of any unsatisfied judgment or order for payment of money obtained against him,
shall be guilty of an offence.
Penalty: One year’s imprisonment.