law: Co-Operative Societies Act 2008 
  221.
  
  Dealing in property subject to charge
  1.      Any person who—
  a.     
  
    fraudulently
  
  or clandestinely removes any property comprised in a charge created in favour
  
  of a society from the place where such property was situate at the time of the
  
  execution of the charge; or
  b.    
  
    Knowingly
  
  disposes of, or deals with or attempts to dispose of or deal with such property
  
  without first obtaining in writing leave of the society, commits an offence and
  
  is liable on summary conviction to a fine of $2,000 or to imprisonment for 6
  
  months or both.
  2.      The Court may in
  
  addition to any penalty imposed on a person pursuant to subsection (1) require
  
  that person to repay such amount of the loan with interest as has not been
  
  repaid at the date of the conviction; and the payment of that amount shall
  
  discharge the liability of the borrower to repay the loan.