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bruneilawsby aturio
In force2019 Revised Edition
Contents

3. Moneylenders to be registered and licensed

In plain English

No one may run a moneylending business without being registered as a moneylender and licensed by the authority. The register records where the moneylender lives. Licences are granted annually, and each licence costs a fee of $500.

Summary · Drafted with AI, checked against the official text on 30 Sep 2026.

(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.

Report

Read on from s 4