74. Any person who—
(a)obtains possession by false representation or imposition of any property of a credit union; or
(b)having any such property in his possession, withholds or misapplies it or wilfully applies any part of it to purposes which are not authorised by the rules of the credit union or which are not in accordance with this Order;
shall be guilty of an offence and—
(i)if it is proved that he acted with any fraudulent intent, shall be liable on summary conviction to a fine not exceeding level 5 on the standard scale and to be ordered to deliver up that property or to repay all money improperly applied; or
(ii)if it is not so proved, may be ordered to deliver up that property or to repay all money improperly applied.