24 (b) enter into any contract for the disposal of any of his or her property; or (c) operate any account with any financial institution; or (d) increase his or her indebtedness or adversely affect his or her estate; without the approval of the administrator or otherwise than in accordance with any conditions imposed by the administrator. (2) The administrator may— (a) grant general approval for any specified class of transactions on the part of the specified person concerned; and (b) impose conditions on any approval granted by him or her in terms of this section. (3) Subsection (1) shall not apply in respect of— (a) any transaction on the part of a specified person where the total value of the property or expenditure does not exceed one hundred thousand dollars; or (b) anything done in pursuance of any order of any court. (4) Any transaction carried out in contravention of subsection (1) shall be void, and where any property has been transferred as a result of any such transaction, the administrator may, on behalf of the specified person, recover any such property by proceedings in any court of competent jurisdiction. 24 Offences by specified persons (1) Any specified person who— (a) threatens, resists, hinders or obstructs or uses foul, abusive or insulting language towards or at the administrator; or (b) fails or refuses to answer fully, to the best of his or her ability, any question put to him or her by the administrator; or (c) fails to produce any book, account, record or other document when required to do so by the administrator; or (d) conceals, destroys, alters, falsifies or obliterates any book, account, record or other document that may be required by the administrator to be produced to him or her; shall be guilty of an offence and liable to a fine not exceeding level five or to imprisonment for a period not exceeding six months or to both such fine and such imprisonment. (2) Any specified person who contravenes section 23(1) or who takes part in any transaction prohibited by that subsection, shall be guilty of an offence and liable to a fine not exceeding level ten or to imprisonment for a period not exceeding five years or to both such fine and such imprisonment. 25 Power of administrator to compromise with persons liable to be specified or prosecuted (1) An administrator may enter into a written agreement with any person liable to be specified under section 18(1) or prosecuted under section 41 under which the administrator undertakes not to specify or cause such person to be prosecuted in return for— (a) full disclosure by such person of the circumstances that led to a financial institution becoming troubled, including evidence concerning the involvement of any other