724. Absconding.

The bankrupt is guilty of an offence if:

  1.  

    (1)     he leaves, or attempts or makes preparations to leave, England and Wales with any property1 the value of which is not less than the prescribed amount2 and possession of which he is required to deliver up to the official receiver or the trustee; or

  2.  

    (2)     in the six months before the making of the bankruptcy application or (as the case may be) the presentation of the bankruptcy petition or in the initial period3, he did anything which would have been an offence under head (1) above if the bankruptcy order