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bruneilawsby aturio
In force2019 Revised Edition
Contents

6. Moneylenders to keep register

In plain English

A moneylender must keep a register of every person they lend to. The register shows each borrower's name, sex and age, the amount actually lent, the rate of interest and any security. A moneylender must show the register to any magistrate who asks to inspect it.

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

Every moneylender shall keep a register showing the name, sex, age and national of every person to whom a loan is made, the amount actually lent, the rate of interest and the security if any; and such register shall be produced for the inspection of any magistrate on demand.

Authority may vary rates of interest and make rules [S 103/2010]

Report

Read on from s 7