Section 115

Any creditor who obtains or receives any money or property, or security from any person as an inducement for forbearing to oppose, or for consenting to, the discharge of a bankrupt shall be punished with a fine, which may extend to three times the amount or value of such money, property or security.

Any person who, knowing that a bankruptcy order has been made against a bankrupt, removes, conceals, receives or otherwise deals with or disposes of any part of the property of such bankrupt, with intent to defeat the order, shall be punished with a fine, which may extend to double the amount or value of such property, or imprisonment which may extend to three years or with both.

Insolvency 117

Fines imposed and levied under this section shall be deemed part of the property of the bankrupt and shall vest in the Director

General of Insolvency.

Debts incurred by fraud