A bankrupt or an arranging debtor who -
(a) either alone or jointly with any other person obtains credit to the extent of €650 or upwards from any person without informing that person that he is a bankrupt or an arranging debtor, or
(b) engages in any trade or business under a name other than that under which he was adjudicated bankrupt or granted protection without disclosing to all persons with whom he enters into any business transactions the name under which he was so adjudicated or granted protection,
shall be guilty of an offence.