Moneylenders Act, 1933

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Number 36 of 1933.


MONEYLENDERS ACT, 1933.


ARRANGEMENT OF SECTIONS

Section

1.

Definitions.

2.

National of Saorstát Eireann.

3.

Irish-owned bodies corporate.

4.

Money lending contracts where interest not expressed in terms of a rate.

5.

Licences to be taken out by moneylenders.

6.

Certificate required for grant of moneylender's licence.

7.

Suspension and forfeiture of moneylenders' certificates.

8.

Prohibition of issue of documents implying a moneylender is a banker.

9.

Names to be stated on documents issued by moneylenders.

10.

Restriction on moneylending advertisements, and prohibition of use of canvassers.

11.

Form of moneylenders' contracts.

12.

Prohibition of compound interest.

13.

Obligation of moneylender to supply information as to state of loan and copies of documents relating thereto.

14.

Written communications by moneylenders to borrowers.

15.

Visits by moneylenders.

16.

Provisions as to bankruptcy proceedings for moneylenders loans.

17.

Amendments of the Moneylenders Act, 1900.

18.

Prohibition of charge for expenses on loans by moneylenders.

19.

Limitation of time for proceedings in respect of money lent by moneylenders.

20.

Determination of moneylending, contract by the Court.

21.

Prohibition of moneylending business on Sundays and certain holidays.

22.

Notice and information to be given on assignment of moneylenders' debts.

23.

Application of Act as respects assignees.

24.

Repeals.

25.

Short title, citation and commencement.

FIRST SCHEDULE.

SECOND SCHEDULE.


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Number 36 of 1933.


MONEYLENDERS ACT, 1933.


AN ACT TO AMEND THE LAW WITH RESPECT TO PERSONS CARRYING ON BUSINESS AS MONEYLENDERS. [2nd October, 1933.]

BE IT ENACTED BY THE G?REACHTAS OF SAORST?T EIREANN AS FOLLOWS:—