Cap. 6:07 INSOLVENCY No. 7/2018 to stop any action for the liquidation or inquiry connected with the liquidation of the estate of the debtor or for agreeing or undertaking to agree to a composition or rehabilitation or for not opposing or agreeing not to oppose it for concealing or undertaking to conceal particulars of a debtor or an insolvent estate; or (f) conceals, parts with, damages, destroys, alienates or otherwise disposes of property attached in terms of section 29 or property belonging to the debtor or his or her insolvent estate with intent to frustrate the attachment of such property by virtue of a liquidation order, in terms of section 29, or with intent to prejudice creditors of the insolvent estate; or (g) has in his or her possession or custody or under his or her control property belonging to.an insolvent estate and intentionally fails to notify the liquidator of the insolvent estate as soon as possible of the existence and whereabouts of such property and to make it available to the liquidator; or (h) intentionally impedes or hinders a liquidator or any person acting under his or her command, in the execution of his or her duties; or (i) makes or causes or allows to be made a false nomination in terms of section 41 or signs such a nomination without reasonable grounds for believing it to be correct or who knowingly submits a false nomination to the Master. (3) A liquidator of an insolvent estate who fails to submit to the Master an account or to pay over a sum of money within 30 days from the date on which he or she became obliged to submit such account or pay over such sum of money, or fails to comply with the duties listed in section 42 within 30 days from the date of liquidation is guilty of an offence and liable on conviction to a fine or imprisonment for a period not exceeding six months or to both a fine and such imprisonment. (4) Any person who is convicted of an offence contemplated(a) in subsection ( 1)(a) or (b) or subsection (2)(f), (g) or (h) is liable to a fine or to imprisonment for a period not exceeding three years or to both a fine and such imprisonment; (b) in subsection (l)(c), (d), (e), (e), (f), (g), (h), (i) or U) or subsection (2) (e) is liable to a fine or to imprisonment for a period not exceeding 12 months or to both a fine and such imprisonment; (c) in subsection (2)(a), (b), (c) or (d) is liable to a fine or to imprisonment for a period not exceeding six months or to both a fine and such imprisonment. PART XXV CROSS-BORDER INSOLVENCIES SUB-PART 1- INTERPRETATION AND FUNDAMENTAL PRINCIPLES 150 Interpretation For the purposes of this Part"Court" means a High Court referred to in section 154; "curator of an institution" means a curator appointed in terms of the Banking Act [Chapter 24:20]; "establishment" means any place of operations where the debtor carries out a non transitory economic activity with human means and goods or services; "foreign Court" means a judicial or other authority competent to control or supervise foreign proceedings; "foreign main proceedings" means foreign proceedings taking place in the State where the debtor has the centre of its main interests; 311

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