Amendment status not verified — confirm the current text below against the official source.
Whoever- (a) canies on the business of money-lending h any area without registation in contravention of section 5; or (b) fails to produce any record or docugent in compliance with any requirement made rmder zub-section (l) of section 19 or knowingly produces any false record or document; or (c) obstructs any omcer making an entry, inquiry, search, seizure or entrance under sub-section (2) of section'19; or (d) denands, charges or receives from a debtor the interest at higher rate in contravention of sub-section (3) of section 33; or (e) accepts any. promissory note, acknowledgement bond or other writing or document or any instrument in contravention of section 38; or (f) tempem with debtors' record or transaction or makes a wrongful or false entry therein or tempers or mutilates or destroys paurn or property- shall on conviction, be punished qrift.im-Frisonment for a term which may extend to two years and with 6ne which may extend to twenty-five thousand rupees: [2011 : Guj. 14 9:i,, i. .: F \ I 20It : Guj. t4 l The Gujoat Money-Lenders Act, 20Il for a tgrm hay €xetrd to oEe yea md" were deleted by cuj. t I of Provided that in absence of the special and.adequate reason to the contrary to be mentioned in the judgments of the Courtj (i) for the first offence, such imprisonmenf shall not be less than three months and such fine shall not be less tfr* nr. tlo**d rupees, (ii) for the second ana subsequent offences, such imprisonment shall not be less rhan six months a:rd su"n One snit not te less than ten thousand rupees. 43'whoever conhavenes the provisions of section 21 or section 22 penarty tor shall, on conviction, be punished ri* * + *1 *ith fir;;;;."y extend to contravention ten thousand rupees: ofsection 2l or Provided that in absence of the special and adequate reason to *" t*oo"'. contary to be mentioned in the judgments of the Courtj (i) for the first offencei 2I * * * *] such fine shall not be less than five thousand rupees; (ii) for the second and subsequent offences, 3[ * * * *] such fine shall not be less rhan ten thorrsand rupeg5. t14. Whoever fails to mmply with, or acts in contavention of, any of General the provisions of tbis Act .ho[, oo convicton" it no w..n" penar$ is provision prodded tor s,rc\ o$ence rn tKs Ac!t" plmr*on wrto ii"pr"r_i*i", o ior pemrq. term which may extend to one year and with fine which may extend to ten thousand rupees: Provided that in absence bf the special and an adequate reason to the contary to be mentioned in the judpints of tn" .ouri_-"- (i) for the fust offence, such imprisonment shall not be less thau one month and such fine shall not be t".Jtn* tr" tf";;;""r, (ii) for the second and subsequent offences, zuch imprisonment shall not be less than two months and sucl n"" ,i"ff "* U" i*s ihan five thor",r, d rupees. 23 Power of Court to suspend or cancel registratiotr in certain cdses. +-_ l, .i . ' a5' (1) A court passinc l:fer of conviction against a Money-Lender tor an.offlnce _under rhis [s! if it is satisfiJ rh",;;;;;"y_Lender has committed such contravention of the p.o"i.io* oiinl aii o, ,ut.. .ua. thereunder as would make him urfit'to carry ;il;;;;r. of money_ lending, may, by order, e""i.h aa$!9nio ;r;*d which it may impose oa him fsrsuch ofence, that su"nuooey_rJnaliGil ue asq,,arinea from holding any regisbarion in th" sil il;.r,;;oiilcu tusioe.s ro, such period, not being less than six months, * ,h; d; 6]y think fit. L The words 'llitI |Itrpnsonoert 201s, s.a O. 2' Thc words 'such imprisomed shrll nor he less thh orc Eontb @d- qere deletE4 ,rtd. s.4 (O (a).