Whoever dishonestly or fraudulently signs, executes, or becomes a party to any deed or instrument which purports to transfer or subject to any charge any property, or any interest therein, and which contains any false statement 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 which may extend to 3 years, or with fine, or with both.
Section history
Section 423 — Dishonest or fraudulent execution of deed of transfer containing a false statement of consideration
As in force on 1 March 2022.
Timeline 3 versions
- 30 March 1987 Enacted
- 1 February 2008 Act 51 of 2007
- 1 March 2022 You are here
- 17 August 2026 Latest