rate of 4% per annum.
_Effect on Bankrupt_.--The bankrupt is bound to aid the trustee in his
administration, and if he wilfully fails to deliver up any part of his
property he is guilty of contempt of court. He is also liable to criminal
prosecution under the Debtors Act if with intent to defraud he conceals or
removes property to the value of L10 or upwards; or if he fails to deliver
to the trustee all his property, books, documents, &c.; or if he knowingly
permits false debts to be proved on his estate without disclosure; or
mutilates, falsifies, destroys or parts with books or accounts; or attempts
to account for his property by fictitious losses; or if within four months
next before presentation of a bankruptcy petition, he obtains property on
credit by false representation; or pledges or disposes of, otherwise than
in the ordinary way of his trade, any property which has not been paid for;
or by misrepresentation obtains the assent of his creditors to any
agreement with reference to his affairs. He is also under the act of 1883,
guilty of misdemeanour if before his discharge he obtains credit for more
than L20 from any person without informing such person that he is an
undischarged bankrupt. It is the duty of the official receiver to report
any such facts to the court, and if the court is satisfied that there is a
reasonable probability of conviction, it is required to order a prosecution
which is then conducted by the director of public prosecutions.
_Disqualifications_.--A bankrupt cannot during his bankruptcy or until five
years after his discharge, unless the bankruptcy is annulled or he obtains
his discharge with a certificate by the court that the bankruptcy was
caused by misfortune without misconduct, act as a member of the
legislature, or as a justice of the peace, mayor, alderman, councillor,
guardian or overseer of the poor, member of a sanitary authority, school,
highway or burial board, or select vestry in any part of the United
Kingdom.
_Annulment_.--An order of adjudication may be annulled if the court is of
opinion that it should not have been made, or that the bankrupt's debts are
paid in full, or if a composition or scheme of arrangement is approved by
the court after adjudication.
_Discharge_.--The court may also at any time after the conclusion of the
bankrupt's public examination, and after hearing the official receiver, the
trustee and any creditor, to all of whom previous notice of the a
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