MONEY-LENDERS.
No. 16 of 1911.
1989
(c) shall not enter into any agreement in the course of his business as a money-lender with respect to the advance and repayment of money, or take any security for money in the course of his business as a money-lender, otherwise than in his registered name; and
(d) shall on reasonable request, and on tender of a reasonable sum for expenses, furnish the borrower with a copy of any document relating to the loan or any security therefor.
(2) If a money-lender fails to register himself as required by this Ordinance, or carries on business otherwise than in his registered name, or in more than one name, or elsewhere than at his registered address, or fails to comply with any other requirement of this section, he shall be liable, on summary conviction, to a fine not exceeding 1,000 dollars, and, in the case of a second or subsequent conviction, to imprisonment for a term not exceeding 3 months and to a fine not exceeding 1,000 dollars: Provided that if the offender be a body corporate it shall be liable on a second or subsequent conviction to a fine not exceeding 5,000 dollars.
(3) A prosecution under sub-section (1) (a) shall not be instituted except with the consent of the Attorney General.
as to
c. 51 s. 3.]
4. (1) The Governor-in-Council may make regulations respecting the registration of money-lenders, whether individuals, firms, societies or companies, the form of the register, and the particulars to be entered therein, and the fees to be paid on registration and renewal of registration, not exceeding $10 for each registration or renewal, and respecting the inspection of the register and the fees payable therefor.
(2) The registration shall cease to have effect at the expiration of 3 years from the date of the registration, but may be renewed from time to time, and if renewed shall have effect for 3 years from the date of the renewal.
statements
[ib. s. 4.]
sentations.
*
5. If any money-lender, or any manager, agent, or clerk of a money-lender, or if any person being a director, manager, or other officer of any corporation carrying on the business of a money-lender, by any false, misleading, or deceptive statement, representation, or promise, or by any dishonest concealment of material facts, fraudulently induces or attempts to induce any person to borrow money or to agree to the terms on which money is or is to
* As amended by No. 30 of 1911 and No. 16 of 1912.
MONEY-LENDERS.
No. 16 of 1911.
1989
(c) shall not enter into any agreement in the course of his busi- ness as a money-lender with respect to the advance and repayment of money, or take any security for money in the course of his busi- ness as a money-lender, otherwise than in his registered name; and
(d) shall on reasonable request, and on tender of a reasonable sum for expenses, furnish the borrower with a copy of any document relating to the loan or any security therefor.
(2) If a money-lender fails to register himself as required by this Ordinance, or carries on business otherwise than in his registered name, or in more than one name, or elsewhere than at his registered address, or fails to comply with any other requirement of this section, he shall be liable, on summary conviction, to a fine not exceeding 1,000 dollars, and, in the case of a second or subsequent conviction, to imprisonment for a term not exceeding 3 months and to a fine not exceeding 1,000 dollars: Provided that if the offender be a body corporate it shall be liable on a second or subsequent con- viction to a fine not exceeding 5,000 dollars.
(3) A prosecution under sub-section (1) (a) shall not be instituted except with the consent of the Attorney General.
as to
c. 51 s. 3.]
4. (1) The Governor-in-Council may make regulations respect- Regulations ing the registration of money-lenders, whether individuals, firms, registration. societies or companies, the form of the register, and the particulars 63 & 64 Vict. to be entered therein, and the fees to be paid on registration and renewal of registration, not exceeding $10 for each registration or renewal, and respecting the inspection of the register and the fees payable therefor.
(2) The registration shall cease to have effect at the expiration of 3 years from the date of the registration, but may be renewed from time to time, and if renewed shall have effect for 3 years from the date of the renewal.
statements
[ib. s. 4.]
sentations.
*
5. If any money-lender, or any manager, agent, or clerk of a Penalties money-lender, or if any person being a director, manager, or other for false officer of any corporation carrying on the business of a money- and repre- lender, by any false, misleading, or deceptive statement, repre- sentation, or promise, or by any dishonest concealment of material facts, fraudulently induces or attempts to induce any person to borrow money or to agree to the terms on which money is or is to
* As amended by No. 30 of 1911 and No. 16 of 1912.
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