A Commentary On the Law Relating to Money Lenders And the Money Lenders Act 190
A Commentary On the Law Relating to Money Lenders And the Money Lenders Act 190
Haythorne Reed
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Uj)on the certitied copy the stamp duty of one shilling will also be piyable. The returns reudeivd to tlie othces for ivgis- tnition, and also the copies thereof sent to each collector of Inland Revenue in the United Kongdom in respect of such mc^ney-leuders as carry on business in his collection, are open to public inspection on payment of the fee of one shilling, which fee entitles the applicant to be furnished with a copy of the regisleivd return. I-' The registration shall cease to haveeffe...ct at the expiration of three years from the date of the registration. By the regulations that have W^en made one calendar UKaith's grace is allowinl for the renewal of registration, which this sub-secti». »n rtniuires to be made every three years from the date of the preceding reirist ration. 74 Penalties for false statement and representations. Section 4. If aiiv moiieY -lender, or any manager, agent, or clerk of a money-lender, or if any person being a director, manager, or other officer of any corporation carrying on the busi- ness of a money-lender, by any false, misleading, or deceptive statement, representation, or pro- mise, or by any dishonest concealment of material facts, fraudulently induces or attempts to in- duce any person to borrow money or to agree to the terms on which money is or is to be borrowed, he shall be guilty of a misdemeanour, and shall be liable on indictment to imprison- ment, with or without hard labour, for a term not exceedins^ two vears, or to a fine not exceed- ing five hundred pounds, or to both.
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