A BILL............MONEY-LENDING 261
Bill No. of 1938.
A Bill to Control and Regulate Money-Lending
Table of Contents
CHAPTER I
Preliminary Sec. 1 Short Title, Extent and Commencement. Sec. 2 Definitions Sec. 3 Provisions of the Act not affected by laws, customs or contracts. CHAPTER II Licensing of Money-lenders Sec. 4 Prohibition of Money-lending without license. Sec. 5 Name in which license to be taken out. Sec. 6 Particulars to be stated in the license. Sec. 7 Necessity for certificate for license. Sec. 8 Particulars to be stated in the certificate. Sec. 9 Authority competent to grant certificate. Sec. 10 Ground for refusing certificate Sec. 11 Recording of reasons for refusal. Sec. 12 Appeal against order of refusal. Sec. 13 Authority competent to grant licence. Sec. 14 Duration of license. Sec. 15 Fee for license. Sec. 16 Penalty for breaches of provisions regarding license.
CHAPTER III
Suspension and Revocation of License
Sec. 17 Suspension etc. of license on conviction. Sec. 18 Appeal against order of suspension and revocation. Sec. 19 Production of license when directed by Court.
This is the text of the Bill which gives details about money-lending. The Bill was prepared in the year 1938— Editors