PART IICOMPANY VOLUNTARY ARRANGEMENTS

Consideration and implementation of proposal

F1False representations, etc.19A.

(1) F2

If, for the purpose of obtaining the approval of the members or creditors of a company to a proposal for a voluntary arrangement, a person who is an officer of the company—

(a)

makes any false representation, or

(b)

fraudulently does, or omits to do, anything,

he shall be guilty of an offence.

(2)

Paragraph (1) applies even if the proposal is not approved.

(3)

For purposes of this Article "officer" includes a shadow director.