CAP. 163]
Money Lenders
[1988 Ed.
(e) the following words, in both English and Chinese, prominently and legibly on its face-
"THE BORROWER OR OTHER PERSON TO WHOM THIS STATEMENT IS SUPPLIED IS REQUIRED UNDER SECTION 19(1A) OF THE MONEY LENDERS ORDINANCE TO ENDORSE ON THE COPY OF THE STATEMENT THAT HE HAS RECEIVED THE ORIGINAL OF THE STATEMENT AND TO RETURN THE COPY AS SO ENDORSED TO THE MONEY LENDER.
借款人或其他獲得供給此結算書的人須依照放債人條例第19(1A)條的規定，在結算書的副本上簽註已經收到結算書正本，以及將經如此簽註的副本交回放債人。”
(Added, 69 of 1988, s. 16)
(1A) The borrower or other person to whom the original and a copy of a statement referred to in subsection (1) is supplied under that subsection by a money lender shall, as soon as practicable after being so supplied---
(a) endorse on the copy of that statement words to the effect that he has received the original of that statement; and
(b) return the copy of that statement as so endorsed to that money lender, who shall then retain it during the continuance of the agreement to which that statement relates.
(Added, 69 of 1988, s. 16)
(2) A money lender shall, on demand in writing by the borrower, supply a copy of any document relating to a loan made by him or any security therefor to the borrower or, if the borrower so requires and on payment by the borrower to the lender of the prescribed fee, to any person specified in that behalf in the demand.
(Amended, 69 of 1988, s. 16)
(3) Subsection (1) or (2) does not apply to a request made by a borrower less than 1 month after a previous request thereunder relating to the same agreement was complied with.
(4) If a money lender to whom a demand has been made under this section fails without reasonable excuse to comply therewith within 1 month after the demand has been made, he shall not, so long as the default continues, be entitled to sue for or recover any sum due under the agreement on account either of principal or interest, and interest shall not be chargeable in respect of the period of default.
Duty of money lender to give information to surety
20. (1) A money lender who makes any agreement for the loan of money in relation to which security is provided shall within 7 days after the making of the agreement give to the surety (if a different person from the borrower)—
(a) a copy of the note or memorandum in writing made under section 18(1);
(b) a copy of the security instrument, if any; and
16
CAP. 163]
Money Lenders
[1988 Ed.
(e) the following words, in both English and Chinese, prominently and
legibly on its face-
"THE BORROWER OR OTHER PERSON TO WHOM THIS STATEMENT IS SUPPLIED IS REQUIRED UNDER SEC- TION 19(1A) OF THE MONEY LENDERS ORDINANCE TO ENDORSE ON THE COPY OF THE STATEMENT THAT HE HAS RECEIVED THE ORIGINAL OF THE STATEMENT AND TO RETURN THE COPY AS SO EN- DORSED TO THE MONEY LENDER.
借款人或其他獲得供給此結算書的人須依照放債人條例第19(1A)條的規定, 在結算書的副本上簽註已經收到結算書正本,以及將經如此簽註的副本交回放 債人。”
MA". (Added, 69 of 1988, s. 16)
(1A) The borrower or other person to whom the original and a copy of a
statement referred to in subsection (1) is supplied under that subsection by a
money lender shall, as soon as practicable after being so supplied---
(a) endorse on the copy of that statement words to the effect that he has
received the original of that statement; and
(b) return the copy of that statement as so endorsed to that money lender, who shall then retain it during the continuance of the agreement to which that statement relates. (Added, 69 of 1988, s. 16)
(2) A money lender shall, on demand in writing by the borrower, supply a copy of any document relating to a loan made by him or any security therefor to the borrower or, if the borrower so requires and on payment by the borrower to the lender of the prescribed fee, to any person specified in that behalf in the demand. (Amended, 69 of 1988, s. 16)
(3) Subsection (1) or (2) does not apply to a request made by a borrower less than 1 month after a previous request thereunder relating to the same agreement was complied with.
(4) If a money lender to whom a demand has been made under this section fails without reasonable excuse to comply therewith within 1 month after the demand has been made, he shall not, so long as the default continues, be entitled to sue for or recover any sum due under the agreement on account either of principal or interest, and interest shall not be chargeable in respect of the period of default.
Duty of money lender to give information to surety
20. (1) A money lender who makes any agreement for the loan of money in relation to which security is provided shall within 7 days after the making of the agreement give to the surety (if a different person from the borrower)—
(a) a copy of the note or memorandum in writing made under section
18(1);
(b) a copy of the security instrument, if any; and
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