PART 3Initial stages of sequestration, statutory meeting and trustee vote

Statutory meeting

I147Offences in relation to submission of claims for voting purposes

1

Subsections (2) and (3) apply where C produces under section 46—

a

a statement of claim,

b

account,

c

voucher, or

d

other evidence,

which is false.

2

C commits an offence unless C shows that C neither knew nor had reason to believe that the statement of claim, account, voucher or other evidence was false.

3

The debtor commits an offence if the debtor—

a

knew, or became aware, that the statement of claim, account, voucher or other evidence was false, and

b

failed, as soon as practicable after acquiring such knowledge, to report to the trustee that the statement of claim, account, voucher or other evidence was false.

4

A person who commits an offence under subsection (2) or (3) is liable—

a

on summary conviction, to a fine not exceeding the statutory maximum, or—

i

in a case where the person has previously been convicted of an offence inferring dishonest appropriation of property or an attempt at dishonest appropriation of property, to imprisonment for a term not exceeding 6 months, or

ii

in any other case, to imprisonment for a term not exceeding 3 months,

or both to a fine not exceeding the statutory maximum and to such imprisonment as is mentioned, in relation to the case in question, in sub-paragraph (i) or (ii), or

b

on conviction on indictment, to a fine, to imprisonment for a term not exceeding 2 years or both to a fine and to such imprisonment.