The following Corporate Crime guidance note provides comprehensive and up to date legal information covering:
A bankrupt commits an offence if they:
fail to deliver up any property to the official receiver or trustee which they are required by law to deliver up and which is in their possession or under their control. The official receiver or trustee may direct the bankrupt to give possession of only part of their property in which case only that part is relevant for the purposes of the offence
conceal any debt due to or from them or conceals any property which they are required to deliver up to the official receiver or trustee the value of which is not less than the prescribed amount
conceal debts or property valued at not less than the prescribed amount during the 12 months preceding the presentation of the petition or between the presentation of the petition and the commencement of the bankruptcy
The offence under section 354 is triable either in the magistrates' court or the Crown Court.
A bankrupt commits an offence if they remove property the value of which is not less than the prescribed amount and which they are required to deliver up to the official receiver or trustee at any time after the presentation
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