1988 Ed.]
Money Lenders
Section
[CAP. 163
1
CHAPTER 163
MONEY LENDERS ORDINANCE
ARRANGEMENT OF SECTIONS
Page
PART I
PRELIMINARY
1. Short title and application....
3
2. Interpretation
3
3. Ordinance not to apply to authorized institutions...
5
4. Registrar of Money Lenders and supervisory functions of Registrar
5
5. Official secrecy.
5
6. Inspection of register
6A. Documents admissible in evidence
PART II
LICENSING OF MONEY LENDERS
7. Restriction on carrying on of business of money lender.
6
8. Application for licence and public notification of application.
7
9. Investigation and lodgement of applications.
7
10. Licensing court........
8
10A. Selection of assessors and payment of fees to assessors...
10B. Powers of licensing court..
10C. Immunity......
9
11. Determination of application for licence...
9
12. Effect and duration of licence..
11
13. Renewal......
11
14. Revocation and suspension
11
15. Transfer of licence and addition or substitution of new premises....
12
16. Appeals...
13
17. Duty to notify changes of particulars.
13
PART III
MONEY LENDERS' TRANSACTIONS
18. Form of agreement...
14
19. Duty of money lender to give information to borrower
15
20. Duty of money lender to give information to surety
16
21. Early payment by borrower......
17
22. Illegal agreements.
17
23. Loan etc. not recoverable unless money lender licensed.......
18
PART IV
EXCESSIVE INTEREST RATES
24. Prohibition of excessive interest rates
25. Reopening of certain transactions
18
19