section 4
Penalty.
The Tamil Nadu Prohibition of Charging Exorbitant Interest Act, 2003General200312 sections
Statutory text
Notwithstanding anything contained in the Money-lenders Act, whoever contravenes the provisions of section 3 or molests or abets the molestation of any debtor for recovery of any loan shall be punishable with imprisonment for a term which may extend to three years and also with fine which may extend to Rs. 30,000.
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