Whoever cheats with the knowledge that he is likely thereby to cause wrongful loss to a person whose interest in the transaction to which the cheating relates, he was bound, either by law or by a legal contract, to protect, shall be punished with imprisonment for a term which may extend to 3 years, or with fine, or with both.
Section history
Section 418 — Cheating with knowledge that wrongful loss may be thereby caused to a person whose interest the offender is bound to protect
As in force on 12 November 1993.
Timeline 4 versions
- 30 March 1987 Enacted
- 12 November 1993 You are here
- 1 February 2008 Act 51 of 2007
- 30 November 2008 Revised edition
- 17 August 2026 Latest