1980-HKRS28-16-28_Part02 — Page 14

HONG KONG

No. 29 of 1980

I assent.

M

Governor.

26 June 1980.

NL

An Ordinance to provide for the control and regulation of money lenders and money-lending transactions, the appointment of a Registrar of Money Lenders and the licensing of persons carrying on business as money leaders; to provide protection and relief against excessive interest rates and extortionate stipulations in respect of loans; to provide for offences and for matters connected with or incidental to the foregoing; and to repeal the Money-lendera Ordinance.

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1

Enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof.

PART I

PRELIMINLEY

1. (1) This Ordinance may be cited as the Money Lenders Ordin- Short title, soce 1980 and aball come into operation on a day to be appointed by the CCCCCOE Governor by notice in the Gazette.

and application.

(2) This Ordinance shall have effect notwithstanding any agreement to the contrary,

2. (1) In this Ordinance, unless the context otherwise requires- "disqualified person" means a person in respect of whom there is in force

an order made by a court under section 32(2);