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Section 283 of Penal Code CAP 63: Stealing by agents, etc.

    

If the thing stolen is any of the things following, that is to say—
(a) property which has been received by the offender with a power of attorney for the disposition thereof;
(b) property which has been entrusted to the offender either alone or jointly with any other person for him to retain in safe custody or to apply, pay or deliver for any purpose or to any person the same or any part thereof or any proceeds thereof;
(c) property which has been received by the offender either alone or jointly with any other person for or on account of any other person;
(d) the whole or part of the proceeds of any valuable security which has been received by the offender with a direction that the proceeds thereof should be applied to any purpose or paid to any person specified in the direction;
(e) the whole or part of the proceeds arising from any disposition of any property which has been received by the offender by virtue of a power of attorney for such disposition, such power of attorney having been received by the offender with a direction that such proceeds should be applied to any purpose or paid to any person specified in the direction,
the offender is liable to imprisonment for seven years.

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Disclaimer: This document is not to be taken as legal advise.

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