A410
Ord. No. 69/88
Section substituted
Registrar of
MONEY LENDERS (AMENDMENT)
(e) by repealing the definition of "licensing court" and substituting-
""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 I
"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)
"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 Section 3 is repealed and the following substituted-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
3.
authorized
institutions
(Cap. 155)
4.
Money Lenders "grant". and supervisory
functions of Registrar
Official secrecy
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