The Insolvency Rules 1986

CHAPTER 6GENERAL

False representations, etc

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 “officerincludes a shadow director.

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