Bare Act
The Himachal Pradesh Registration of Money-lenders Act, 1976
Finance197614 sections
This law regulates the business of lending money in the state of Himachal Pradesh by requiring money-lenders to register with the government. It applies to individuals and firms that advance loans, excluding banks, cooperative societies, and other regulated entities. The legislation aims to bring transparency to the lending market and protect borrowers from unfair practices by ensuring that lenders are officially recognized and accountable under state law.
- 0. Preamble
- 1. Short title, extent and commencement
- 2. Definitions.- In this Act, unless the context otherwise requires,-
- 3. Suits and applications by money-lenders barred, unless money- lender is registered and licensed
- 4. Registration of money-lenders
- 5. Licensing of money-lenders
- 6. Cancellation of licence
- 7. When Col1ector may act
- 8. Effect or cancellation or licence
- 9. Further registration and licensing or money-lender after expiry of period for which licence was cancelled
- 10. Appeals, reviews and certificates.- (1) An appeal shall lie to the
- 11. Exemption
- 12. Rule making power
- 13. Repeal and savings
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