CTHRepealedAct
Bankruptcy Act 1924
Penalty for absconding with property.Penalty for absconding with property.
Start here
Get a plain-English read of Penalty for absconding with property.
Turn the raw legal text into a practical explanation grounded in Bankruptcy Act 1924.
### Penalty for absconding with property.
E.B.A., s. 159.
Vic., s. 273.
215. If any person in respect of whose estate a sequestration order has been made, after the presentation of a bankruptcy petition by or against him, or within six months before the presentation, quits Australia and takes with him, or attempts or makes preparation to quit Australia and take with him, any part of his property to the amount of Twenty pounds or upwards which ought by law to be divided amongst his creditors, he shall (unless he proves that he had no intent to defraud) be guilty of an offence.
Penalty: One year’s imprisonment.