Section 423

of Penal Code

ActIn forceProvision 427 of 505

Section 423

Dishonest or fraudulent execution of deed of transfer containing false statement of consideration

Whoever dishonestly or fraudulently signs, executes or becomes a party to any deed or instrument which -

Penal Code

CAP. 22 183

(a)

purports to transfer or subject to any charge any property, or any interest therein; and

(b)

coPltaiKs any false statemem relating to the consideration for such transfer or charge, or relating to the person or persons for whose use or benefit it is really intended to operate, shall be punished with imprisonment for a term not exceeding 5 years, fine or both.

Read in full context — Penal Code →

Section 423

of Penal Code

ActIn forceProvision 427 of 505

Section 423

Dishonest or fraudulent execution of deed of transfer containing false statement of consideration

Whoever dishonestly or fraudulently signs, executes or becomes a party to any deed or instrument which -

Penal Code

CAP. 22 183

(a)

purports to transfer or subject to any charge any property, or any interest therein; and

(b)

coPltaiKs any false statemem relating to the consideration for such transfer or charge, or relating to the person or persons for whose use or benefit it is really intended to operate, shall be punished with imprisonment for a term not exceeding 5 years, fine or both.

Read in full context — Penal Code →