Skip to content
Back to the text

Finance Companies Act · s 17

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?

The text as we hold it

Open the official text

s 17Acknowledgement of indebtedness

Where a finance company has accepted money from any person as a deposit, the company shall within 2 months after the acceptance of the

18

Finance Companies money issue to that person a document which acknowledges or evidences or constitutes an acknowledgement of the indebtedness of the company in respect of that deposit.