22
CAP. 163]
Money Lenders
[1988 Ed.
(a) the Registrar or any other person authorized in writing for the
purposes of this section by the Registrar; or
(b) a police officer of or above the rank of superintendent or any other police officer authorized in writing for the purposes of this section by a police officer of or above such rank,
has a reasonable suspicion that a money lender has committed an offence against this Ordinance (in this section referred to as the "suspected offence"), he may enter any premises where the business of the money lender is being carried on and may demand the production of and inspect the money lender's licence or any books, accounts, documents or writings relating to any loan made by the money lender or relating to his business as a money lender, and may take notes, copies or extracts thereof or therefrom.
(2) Where pursuant to subsection (1) a police officer has entered any premises where the business of a money lender is being carried on, he may seize any books, accounts, documents or writings relating to any loan made by the money lender or relating to his business as a money lender that the police officer reasonably believes to be related to the suspected offence.
(3) Any books, accounts, documents or writings seized under subsection (2) shall, as soon as practicable after such seizure, be delivered to the Commissioner of Police, or to some person nominated by him in that behalf, by the police officer who seized them.
(4) Where any books, accounts, documents or writings seized under subsection (2) are delivered in accordance with subsection (3) to the Commissioner of Police, or to some person nominated by him in that behalf, the Commissioner of Police or that person, as the case may be, shall, if no prosecution is instituted within 3 months after such delivery in respect of the suspected offence to which they relate, return, or arrange for the return of, such books, accounts, documents or writings to the money lender from whom they were so seized.
Offences by money lenders
(Replaced, 69 of 1988, s. 24)
29. (1) Any person who carries on business as a money lender-
(a) without a licence; or
(b) at any place other than the premises specified in his licence; or
(c) otherwise than in accordance with the conditions of his licence; or
(d) during any period when his licence is suspended,
commits an offence.
(2) Any person who makes any false or misleading statement or furnishes any false or misleading information in connection with any application for a licence or the renewal of a licence or in connection with any application for an exemption under section 33B commits an offence. (Amended, 69 of 1988, s. 25)
(3) Any person who, being a licensee, fails to give notice under section 17(1) of any change in respect of such licensee, or who, having been required by the Registrar under section 17(2) to furnish any information in respect of such change, fails to furnish such information or furnishes any false or misleading information, commits an offence.
22
CAP. 163]
Money Lenders
[1988 Ed.
(a) the Registrar or any other person authorized in writing for the
purposes of this section by the Registrar; or
(b) a police officer of or above the rank of superintendent or any other police officer authorized in writing for the purposes of this section by a police officer of or above such rank,
has a reasonable suspicion that a money lender has committed an offence against this Ordinance (in this section referred to as the "suspected offence"), he may enter any premises where the business of the money lender is being carried on and may demand the production of and inspect the money lender's licence or any books, accounts, documents or writings relating to any loan made by the money lender or relating to his business as a money lender, and may take notes, copies or extracts thereof or therefrom.
(2) Where pursuant to subsection (1) a police officer has entered any premises where the business of a money lender is being carried on, he may seize any books, accounts, documents or writings relating to any loan made by the money lender or relating to his business as a money lender that the police officer reasonably belives to be related to the suspected offence.
(3) Any books, accounts, documents or writings seized under subsection (2) shall, as soon as practicable after such seizure, be deliverd to the Commis- sioner of Police, or to some person nominated by him in that behalf, by the police officer who seized them.
(4) Where any books, accounts, documents or writings seized under subsection (2) are delivered in accordance with subsection (3) to the Com- missioner of Police, or to some person nominated by him in that behalf, the Commissioner of Police or that person, as the case may be, shall, if no prosecution is instituted within 3 months after such delivery in respect of the suspected offence to which they relate, return, or arrange for the return of, such books, accounts, documents or writings to the money lender from whom they were so seized.
Offences by money lenders
(Replaced, 69 of 1988, s. 24)
29. (1) Any person who carries on business as a money lender- (a) without a licence; or
(b) at any place other than the premises specified in his licence; or
(c) otherwise than in accordance with the conditions of his licence; or
(d) during any period when his licence is suspended,
commits an offence.
(2) Any person who makes any false or misleading statement or furnishes any false or misleading information in connection with any application for a licence or the renewal of a licence or in connection with any application for an exemption under section 33B commits an offence. (Amended, 69 of 1988, s. 25)
(3) Any person who, being a licensee, fails to give notice under section 17(1) of any change in respect of such licensee, or who, having been required by the Registrar under section 17(2) to furnish any information in respect of such change, fails to furnish such information or furnishes any false or misleading information, commits an offence.
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