section 22
Delivery of statement of accounts and copies of documents to debtor and money-lender
The Gujarat Money Lenders Act 2011(1) Evxy Money-Lender shall deliver or cause tri be delivered every year to each ofhis debtors within forty-fivo days after the expiry of the year, a legible statement in ttre prescribed form ofsucl debtor's accor'rnts and of any amount that mly be oustanding ag^inst such debtor.The statrement .5u1 goatqin the following particulars, namely:- (i) the priacipal amoun! the interest and the expenses due to the Money-Lender at,th.e beginning of the year; (ii) the lotal amount of lo^ns advanced during the year; (iii) the total amount of repayment received during the year; (iv) the principal amount and interest due at the end of the year; and (v) particulars of location of articie as a paw!, pledge or security where it is kept. (2) The statement to be delivered under sub-section Q) shall be signed by the Money-Lender or his agent, and shall be in local ianguage, or if so required by debtor, then in Hindi or F.nglish. (3) In respect of any partitular loan, whether advanced before or after the appointed dan the Money-Lendq 5hall, on a demand in writing being made by the debtor at any time during the period when the loan or any part thereof is outstanding, zupply to the debtor, or if the debtor.so ."qr,.io., to any person specified in that behalf in the demand, (a)a statement written in the language referred to in sub-.section (2), siged by the Money-I*nds 61 his agen\ and crntairring the relevant particulars specified in sub-section (l); (b)" copy of any document relating to a loan made by him or of any security thereof. Dxp)aination- For the ptpow of this srcdoa ,fuearn n relabbd a azy Money-iender t(e ,6nancia( year.
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