A414

Duty to notify changes of particulars

Form of agreement

Duty of money lender to give

information to borrower

Ord. No. 69/88

MONEY LENDERS (AMENDMENT)

month after such application is made under subsection (5), serve notice on the applicant of his intention to object specifying the grounds of objection; and where such notice is served by the Commissioner of Police, he shall send a copy thereof to the Registrar.

(6B) Upon the expiration of a period of one month after any application under this section is made under subsection (5), the Registrar shall lodge the application with such magis- trate as he deems fit, together with a copy of any notice served on the applicant under subsection (6A)."; and

(d) by adding after subsection (9)--

14.

"(10) For the purposes of hearing an application under this section the licensing court may be constituted by--

(a) a magistrate sitting alone; or

(b) a magistrate sitting with 2 assessors,

except that, where a notice has been served on the applicant under subsection (6A), the licensing court shall be constituted by a magistrate sitting with 2 assessors.".

Section 17(1) is amended-

(a) by adding "(including any change of name by law)" after "any

licensee";

(b) in paragraph (b) by repealing "body corporate" and substituting

"company"; and

(c) by adding after "the change takes place"-

"and the Registrar may in respect of any such change enter such particulars, or alter any particulars entered, in the register as he thinks fit".

15. Section 18 is amended-

(a) in subsection (2)(i) by repealing "the Second Schedule" and substi-

tuting "Schedule 2"; and

(b) in subsection (3) by repealing all the words after and including

"declare" and substituting-

"order that such agreement or security is enforceable to such extent, and subject to such modifications or exceptions, as the court considers equitable.".

16. (1) Section 19(1) is amended-

(a) by repealing "$10" and substituting "the prescribed fee";

(b) by adding "(consisting of the original and a copy)" after "state-

ment";

(c) by repealing "and" at the end of paragraph (c);

(d) by adding “and” at the end of paragraph (d); and

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