CAP. 6]
Bankruptcy.
[s. 132 cont.] shall in each of the cases following be guilty of a misdemeanor-
16 & 17 Geo. 5, c. 7. s. 6.
Bankrupt guilty of gambling, etc.
4 & 5 Geo. 5, c. 59, s. 157.
(a) if in incurring any debt or liability he has obtained credit under false pretences or by means of any other fraud; or
(b) if with intent to defraud his creditors or any of them he has made or caused to be made any gift or transfer of or charge on his property; or
(c) if with intent to defraud his creditors he has 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; or
(d) if with intent to defraud his creditors or any of them he has caused or connived at the levying of any execution against his property.
[134
133. (1) Any person who has been adjudged bankrupt, or in respect of whose estate a receiving order has been made, shall be guilty of a misdemeanor if, having been engaged in any trade or business and having outstanding at the date of the receiving order any debts contracted in the course and for the purposes of such trade or business-
(a) he has within two years prior to the presentation of the bankruptcy petition materially contributed to or increased the extent of his insolvency by gambling or by rash and hazardous speculations and such gambling or speculations are unconnected with his trade or business; or
(b) he has between the date of the presentation of the petition and the date of the receiving order lost any part of his estate by such gambling or rash and hazardous speculations as aforesaid; or
(c) on being required by the Official Receiver at any time, or in the course of his public examination by the court, to account for the loss of any substantial part of his estate incurred within a period of a year next preceding the date of the presentation of the bankruptcy petition or between that date and the date of the receiving order, he fails to give a satisfactory explanation of the manner in which such loss was incurred:
250
Page 80
Page 81
CAP. 6]
Bankruptcy.
[s. 132 cont.] shall in each of the cases following be guilty of a mis-
16 & 17 Geo. 5, c. 7. 8. 6.
Bankrupt guilty of gambling, etc.
4 & 5 Geo. 5, c. 59, s. 157.
demeanor-
(a) if in incurring any debt or liability he has obtained credit under false pretences or by means of any other fraud; or
(b) if with intent to defraud his creditors or any of them he has made or caused to be made any gift or transfer of or charge on his property; or (c) if with intent to defraud his creditors he has con- cealed or removed any part of his property since or within two months before the date of any un- satisfied judgment or order for payment of money obtained against him; or
(d) if with intent to defraud his creditors or any of them he has caused or connived at the levying of any execution against his property.
[134
133. (1) Any person who has been adjudged bankrupt, or in respect of whose estate a receiving order has been made, shall be guilty of a misdemeanor if, having been engaged in any trade or business and having outstanding at the date of the receiving order any debts contracted in the course and for the purposes of such trade or business- (a) he has within two years prior to the presentation of the bankruptcy petition materially contributed to or increased the extent of his insolvency by gambling or by rash and hazardous speculations and such gambling or speculations are unconnected with his trade or business; or
(b) he has between the date of the presentation of the petition and the date of the receiving order lost any part of his estate by such gambling or rash and hazardous speculations as aforesaid; or (c) on being required by the Official Receiver at any time, or in the course of his public examination by the court, to account for the loss of any sub- stantial part of his estate incurred within a period of a year next preceding the date of the presenta- tion of the bankruptcy petition or between that date and the date of the receiving order, he fails to give a satisfactory explanation of the manner in which such loss was incurred:
250
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Page 80Page 81
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