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Co-operative Housing and Starr-Bowkett Societies Act 1998
212Frauds by officers
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#### 212 Frauds by officers
212 Frauds by officers
> An officer of a co-operative housing body who—
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> > (a) by false pretence, or by means of another fraud, induces a person to give credit to the body, or
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> > (b) with intent to defraud creditors of the co-operative housing body, makes or causes to be made a gift or transfer of, or charge on, or causes or connives at the levying of any execution against, the body’s property, or
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> > (c) with intent to defraud the body’s creditors, conceals or removes part of the body’s property within 2 months before, or after, the date of any unsatisfied judgment or order for payment of money obtained against the body,
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> commits an offence.
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> Maximum penalty—50 penalty units or imprisonment for 12 months, or both.