MONEY LENDERS (AMENDMENT)
Ord. No. 69/88
A407
MONEY LENDERS (AMENDMENT) ORDINANCE 1988
ARRANGEMENT OF SECTIONS
Section
1.
Short title and commencement.
2.
Interpretation
Page
A409
A409
3.
Section substituted
3. Ordinance not to apply to authorized institutions
A410
4.
Registrar of Money Lenders and supervisory functions of Registrar
A410
5.
Official secrecy
A410
6.
Section added
6A. Documents admissible in evidence....
A411
789
Application for licence and public notification of application.....
A411
8.
Investigation and lodgement of applications
A411
Sections substituted
10.
Licensing court.....
A411
10A. Selection of assessors and payment of fees to assessors.
A412
10B. Powers of licensing court
A412
10C. Immunity
A413
10.
Determination of application for licence.....
A413
11.
Section substituted
12. Effect and duration of licence ...
A413
12.
Revocation and suspension
A413
13.
Transfer of licence and addition or substitution of new premises.....
A413
14.
Duty to notify changes of particulars
A414
15.
Form of agreement..
A414
16.
Duty of money lender to give information to borrower.
A414
17.
Early payment by borrower..
A415
18.
Illegal agreements.
A415
19.
Loan etc. not recoverable unless money lender licensed.
A415
20.
Prohibition of excessive interest rates....
A416
21.
Reopening of certain transactions
A416
22.
Restriction on money-lending advertisements
A416
23.
Charges for expenses etc. not recoverable.
A416
24.
Section substituted
28. Power of Registrar and police to enter premises and inspect
books, etc.
A416
22286
25.
Offences by money lenders
A417
26.
Offences of fraudulent inducement and obstruction
A418
27.
Section added
30A. Offences relating to licensing court
A419
No comments yet.
Private notes are available after approval.