A410
Ord. No. 69/88
Section substituted
Registrar of
MONEY LENDERS (AMENDMENT)
(e) by repealing the definition of "licensing court" and substituting
Co
"licensing court” means-
(a) a magistrate sitting alone; or
(b) a magistrate sitting with 2 assessors,
as the case may be, in accordance with section 10, 14 or 15;";
(ƒ) in the definition of "money lender" by repealing "include a person
specified in Part 1 of the First Schedule;" and substituting
Schedule 1
"include-
(a) a person specified in Part 1 of Schedule 1; or
(b) as respects a loan specified in Part 2 of Schedule 1,
any person who makes such loan;”; and
(g) by adding after the definition of "Registrar"-
(Cap. 32)
64
"subsidiary" means subsidiary within the meaning of sec-
tion 2 of the Companies Ordinance.”.
(2) Section 2(2) is amended by repealing "the Second Schedule" and substituting "Schedule 2".
(3) Section 2 is amended by adding after subsection (3)——
(Cap. 227)
"(4) References in this Ordinance to an assessor are references to a person appointed to a panel of assessors under section 7A of the Magistrates Ordinance.".
3. Section 3 is repealed and the following substituted—
"Ordinance not to apply to
authorized institutions
(Cap. 155)
4.
Money Lenders "grant". and supervisory
functions of Registrar
Official secrecy
3.
This Ordinance shall not apply to-
(a) an authorized institution within the meaning of the
Banking Ordinance; or
(b) as respects a loan made to such an authorized institution, any person who makes such loan.".
Section 4(2)(a) is amended by repealing "issue" and substituting
5. Section 5(2) is amended-
(a) in paragraph (a) by repealing “or”; and
(b) by repealing paragraph (b) and substituting-
"(b) to the disclosure of information with a view to the institution of, or otherwise for the purposes of, any criminal proceedings;
(c) in connection with any civil proceedings arising out of, or relating to, section 22, 23, 24, 25, 27, 33, 33B or 36; or
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