103. Fraudulent disposal of property.

103.     Fraudulent disposal of property.

A person in respect of whom a debt relief order1 is made2 is guilty of an offence3 if he made or caused to be made any gift or transfer of his property4 during the period between the start of the period of two years ending with the application date5 and the end of the moratorium period6.

A person is not guilty of an offence under these provisions if he proves that, in respect of the conduct constituting the offence, he had no intent to defraud or to conceal the state of his affairs7.