Moneylenders Act · s 2

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s 2Interpretation

(1)

In this Act —

“Authority” means the Autoriti Monetari Brunei Darussalam established by the Autoriti Monetari Brunei Darussalam Order,

2010 (S 103/2010);

“moneylenders” means any person who habitually lends money at interest:

Provided that this expression shall not include the Government or a bank licensed under section 4 or 23 of the Banking Order,

2006 (S 45/2006), a finance company licensed under section 6 of the Finance Companies Act (Chapter 89) or a licensee within the meaning of the International Banking Order, 2000 (S 53/2000).

[S 53/2000; S 45/2006; S 103/2010]

(2)

A person who is proved to have lent money at interest on one occasion shall, until the contrary be proved, is deemed to have habitually lent money at interest.