1964_MONEY_LENDERS_REGULATIONS — Page 2

A 2

CAP. 163]

Money Lenders Regulations

[1988 Ed.

[Subsidiary]

MONEY LENDERS REGULATIONS

(Cap. 163, section 34)

[1 October 1988]

L.N. 236/88 — L.W. 168/89

Citation

1. These regulations may be cited as the Money Lenders Regulations.

Directions in and signing of forms, etc.

2. A form prescribed by these regulations shall be-

(a) completed-

(i) in accordance with any directions specified in the form;

(ii) in the English language, or in both the English and Chinese languages; and

(iii) in such a manner as to be clearly legible; and

(b) signed-

(i) where the applicant is an individual (alone or as a partner of a firm), by that individual; or

(ii) where the applicant is a company, by any person authorized in that behalf by such company.

Fees

3.

(1) The fees set out in Part A of Schedule 1 shall be payable to the Registrar.

(2) The fees set out in Part B of Schedule 1 shall be payable to the licensing court.

(3) The prescribed fee to be tendered under section 19(1) of the Ordinance by a borrower to a money lender shall be $15.

(4) The prescribed fee to be paid under section 19(2) of the Ordinance by a borrower to a money lender shall be $15.

(5) No fee shall be refundable.

Form of licence

4. A licence referred to in section 7(2) of the Ordinance and granted under section 11 or renewed under section 13 of the Ordinance shall be in Form 1 in Schedule 2.