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Moneylenders Act · s 3

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s 3Moneylenders to be registered and licensed

(1)

No person shall carry on the business of a moneylender unless he is registered as such and has obtained a licence from the Authority.

(2)

The register shall contain the place of residence of the moneylender.

Moneylenders 6

(3)

Licences shall be granted annually and a fee of $500 shall be charged for every licence.