Contents of Section

Chapter:

163A PDFTitle:MONEY LENDERS REGULATIONSGazette Number:
Regulation:12Heading:Prohibition of certain forms of securityVersion Date:30/06/1997

No money lender shall demand or accept as security for any loan any-

        (a) identity card issued under the Registration of Persons Ordinance (Cap 177), passport, warrant card, or other document establishing the identity or nationality of the holder;
        (b) bank savings or deposit account book; or
        (c) photograph (whether developed or not) of the borrower or surety or of any member of the family of the borrower or surety.
(Enacted 1988)