The Insolvency Rules 1986 No. 1925

THE FIRST GROUP OF PARTS E+W

PART 1 E+W COMPANY VOLUNTARY ARRANGEMENTS

CHAPTER 6 E+W GENERAL

False representations, etc E+W

1.30.—(1) A person being a past or present officer of a company commits an offence if he makes any false representation or commits any other fraud for the purpose of obtaining the approval of the company's members or creditors to a proposal for a voluntary arrangement under Part I of the Act.

(2) For this purpose “officer”includes a shadow director.

(3) A person guilty of an offence under this Rule is liable to imprisonment or a fine, or both.

Commencement Information

I1 Rule 1.30 in force at 29.12.1986, see rule 0.1