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THE KERALA MONEY-LENDERS ACT, 1958

1. Short title, extent and commencement
2. Definitions.
3. Money-lender to obtain licence.
4. Grant and refusal of licences.
5. Change of place of business by money-lender.
6. Money-lenders to exhibit their names over shops.
7. Interest and charges allowed to money-lenders.
8. Power to deposit in Court money due on loan.
9. Money-lender to keep books, give receipts etc.
10. Appointment of Inspectors and their powers.
11. Money-lender advancing smaller amount or securing higher interest than that specified in the accounts, etc., to be punishable.
12. Cognizance of offences.
13. Penalty for molestation of debtor.
14. Power to cancel licences, etc.
15. Publication of order of cancellation.
16. No refund of licence fee when licence cancelled.
17. Penalty for carrying on business without licence.
18. Penalties.
19. Transfer of licence to heir.
20. Contracts not to be void on account of offence.
21. Power to make rules.

Rules

Amendments