Section 252Part 9 — Offences Relating to Property
Interpretation of section 251
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252. (1) In section 251 — “deception” has the same meaning as in section 247; and “account” means an account kept with —
a bank; or
a person carrying on a business which falls within subsection (2).
A business falls within this subsection if —
in the course of the business money received by way of deposit is lent to others; or
any other activity of the business is financed, wholly or to any material extent, out of the capital of or the interest on money received by way of deposit; and “deposit” here means a sum of money paid on terms —
under which it will be repaid, with or without interest or a premium, and either on demand or at a time or in circumstances agreed by or on behalf of the person making the payment and the person receiving it; and giving of security.
which are not referable to the provision of property or services or the
For the purposes of subsection (2) —
all the activities which a person carries on by way of business shall be regarded as a single business carried on by that person; and
“money” includes money expressed in any currency.
Cross References
- Section 251 of Penal Codeexternal
Reference to section 251