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The Insolvency Rules 1986

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Changes over time for: Section 1.30

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False representations, etcE+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 “officerincludes a shadow director.

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

Commencement Information

I1Rule 1.30 in force at 29.12.1986, see rule 0.1

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