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Dated 21 December 2468
Royal Gazette
Volume 42, Page 235

dares destroy, alter, mutilate, or falsify a book, document, paper, or valuable security belonging to the partnership, limited company, association, or foundation, or make a false entry or neglect to make an important entry in an account or other document personally, or concur with such making or neglect, with the intention to defraud, shall, Lord says, be held guilty and be punished with imprisonment of not over seven years, or a fine of not over five thousand baht, or both the imprisonment and the fine.[1]

Section345.Whoever expresses, circulates, or publishes personally or causes another person to express, circulate, or publish any written statement or account which he knows to be false in any material particular, with the intention to deceive or defraud a member, shareholder, or creditor of a partnership or limited company or with the intention to induce any person to become a partner or shareholder, to entrust or advance any property to a partnership or limited company, or to enter into any security for the benefit of a partnership or limited company, shall, Lord says, be held guilty and be punished with imprisonment of not over three years, or a fine of not over three thousand baht, or both the imprisonment and the fine.[2]

  1. Compare this with section 83 of the UK's Larceny Act 1861, which provided (The Statutes, 1861, p. 194):

    "Whosoever, being a Director, Manager, Public Officer, or Member of any Body Corporate or Public Company, shall, with Intent to defraud, destroy, alter, mutilate, or falsify any Book, Paper, Writing, or valuable Security belonging to the Body Corporate or Public Company, or make or concur in the making of any false Entry, or omit or concur in omitting any material Particular, in any Book of Account or other Document, shall be guilty of a Misdemeanor, and being convicted thereof shall be liable, at the Discretion of the Court, to any of the Punishments which the Court may award as herein-before last mentioned."

  2. Compare this with section 84 of the UK's Larceny Act 1861, which provided (The Statutes, 1861, pp. 194–195):

    "Whosoever, being a Director, Manager, Public Officer, or Member of any Body Corporate or Public Company, shall make, circulate, or publish, or concur in making, circulating, or publishing, any written Statement or Account which he shall know to be false in any material Particular, with Intent to deceive or defraud any Member, Shareholder, or Creditor of such Body Corporate or Public Company, or with Intent to induce any Person to become a Shareholder or Partner therein, or to intrust or advance any Property to such Body Corporate or Public Company, or to enter into any Security for the Benefit thereof, shall be guilty of a Misdemeanor, and being convicted thereof shall be liable, at the Discretion of the Court, to any of the Punishments which the Court may award as herein-before last mentioned."