19 Debtor’s list of assets and liabilities.S
(1)The debtor shall deliver to the interim trustee—
(a)if the petitioner for sequestration is the debtor, within 7 days of the appointment of the interim trustee;
(b)if the petitioner for sequestration is a creditor or a trustee acting under a trust deed, within 7 days of the interim trustee notifying the debtor of his appointment,
a list of the debtor’s assets and liabilities in the prescribed form.
(2)If without reasonable excuse the debtor—
(a)fails to deliver in accordance with subsection (1) above a list of assets and liabilities to the interim trustee; or
(b)fails to disclose any material fact in it; or
(c)makes a material misstatement in it,
he shall be guilty of an offence and liable on summary conviction to a fine not exceeding level 5 on the standard scale or to imprisonment for a term not exceeding 3 months or to both.